Difference between SP at 12% profit and 8% loss is Rs. 60. CP: MCQ with Answer and Explanation

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Difference between SP at 12% profit and 8% loss is Rs. 60. CP:

A. 320

B. 300

C. 280

D. 250

Answer: Option B

Solution (By JKExamLibrary)

1.12CP - 0.92CP = 0.2CP = 60 → CP = 300.

This question belongs to: Maths Percentage

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Question #1 Report Error

Price of TV increased 25% then decreased 25%. Net change:

A. 6.25% decrease

B. No change

C. 5% decrease

D. 6.25% increase

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Correct Answer: Option A

Explanation:
1.25 × 0.75 = 0.9375, 6.25% decrease.

This question belongs to: Maths Percentage

Question #2 Report Error

The price of an article increases by 10%, and then again by 10%. What is the net percentage increase?

A. 20%

B. 21%

C. 25%

D. 22%

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Correct Answer: Option B

Explanation:
Successive percentage formula: a + b + (ab / 100). 10 + 10 + (10 * 10 / 100) = 20 + 1 = 21%.

This question belongs to: Maths Percentage

Question #3 Report Error

120 increased by 18% is:

A. 136.6

B. 141.6

C. 138.4

D. 140.2

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Correct Answer: Option B

Explanation:
120 × 1.18 = 141.6.

This question belongs to: Maths Percentage

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