Wage decreased 20% then increased 20%. Loss %: MCQ with Answer and Explanation

Wage decreased 20% then increased 20%. Loss %:
A. 0%
B. 2%
C. 4%
D. 5%
Answer: Option C
Solution (By JKExamLibrary)
0.8×1.2 = 0.96, loss 4%.

This question belongs to: Maths Percentage

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Practice More Percentage Questions

Question #1 Report Error
A man buys 10 articles for Rs. 8 and sells 8 articles for Rs. 10. Find his profit percent.
A. 56.25%
B. 62.5%
C. 60%
D. 50%

Correct Answer: Option A


Explanation:
CP of 1 article = 8/10 = 0.8, SP of 1 = 10/8 = 1.25. Profit = 0.45, % = (0.45/0.8)×100 = 56.25%.

This question belongs to: Maths Percentage
Question #2 Report Error
In a class of 50, 40% are girls. Number of boys is:
A. 30
B. 32
C. 28
D. 25

Correct Answer: Option A


Explanation:
60% of 50 = 30 boys.

This question belongs to: Maths Percentage
Question #3 Report Error
Cost of 25 items = SP of 20 items. Profit %:
A. 22.5%
B. 20%
C. 25%
D. 30%

Correct Answer: Option C


Explanation:
Profit = (5/20)×100 = 25%.

This question belongs to: Maths Percentage