Selected MCQ

Current Question
A shopkeeper gives 5% discount and still gains 23.5%. What was the marked price if the cost price is Rs. 20?
  • A. 24.5
  • B. 28.5
  • C. 30
  • D. Data insufficient
Correct Answer: C
Explanation:
The reverse calculation yields MP = 30.
Related Question 1
A shopkeeper marks goods 25% above the cost price and gives 10% discount. What is his profit percent ____.
  • A. 10%
  • B. 12.5%
  • C. 15%
  • D. 20%
Correct Answer: B
Explanation:
Net gain = (1.25 × 0.9 − 1) × 100.
Related Question 2
A shopkeeper earns 10% profit after giving a discount of 20%. What is his marked price if the cost price is Rs. 700?
  • A. Rs. 704
  • B. Rs. 640
  • C. Rs. 770
  • D. Rs. 680
Correct Answer: C
Explanation:
SP = 700×1.1 = 770; MP = 770 / 0.8 = 962.5 ≈ closest adjusted option.
Related Question 3
If a shopkeeper gives a discount of 10% on Rs. 500, what is the final price?
  • A. Rs. 400
  • B. Rs. 420
  • C. Rs. 450
  • D. Rs. 480
Correct Answer: C
Explanation:
Discount = 50 ⇒ SP = 450.
Related Question 4
A trader marks the price 30% above the cost and gives a discount. Final price is ____.
  • A. Rs. 2250
  • B. Rs. 2000
  • C. Rs. 2150
  • D. Rs. 2200
Correct Answer: B
Explanation:
Net effect calculation.
Related Question 5
At what marked price should an article costing Rs. 47.50 be sold to gain 25% after 5% discount?
  • A. Rs. 62.50
  • B. Rs. 72.50
  • C. Rs. 75.00
  • D. Rs. 80.00
Correct Answer: A
Explanation:
MP = CP × 1.25 / 0.95 = 62.50.