The cost of an article is Rs. 1200. It is marked up by 50% and then a discount of 40% is given. Find the selling price. MCQ with Answer and Explanation

The cost of an article is Rs. 1200. It is marked up by 50% and then a discount of 40% is given. Find the selling price.
A. Rs. 1080
B. Rs. 1180
C. Rs. 1120
D. Rs. 1020
Answer: Option A
Solution (By JKExamLibrary)
MP = 1200×1.5=1800, SP=1800×0.6=1080.

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Practice More Percentage Questions

Question #1
90 L mixture, 15% water. Water added to make 40%:
A. 36 L
B. 33.75 L
C. 37.5 L
D. 40 L

Correct Answer: Option C


Explanation:
Water=13.5 L, milk=76.5 L. For milk 60%, total = 76.5/0.6 = 127.5 L, add 37.5 L.

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Question #2
A student answered 18 out of 25 correctly. Percentage correct:
A. 72%
B. 68%
C. 75%
D. 70%

Correct Answer: Option A


Explanation:
(18/25)×100 = 72%.

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Question #3
A sum of money at simple interest amounts to Rs. 850 in 3 years and to Rs. 925 in 4 years. Find the principal.
A. Rs. 650
B. Rs. 625
C. Rs. 600
D. Rs. 675

Correct Answer: Option B


Explanation:
SI for 1 year = 925-850 = 75. For 3 years SI = 225, principal = 850-225=625.

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