Selected MCQ

Current Question
A trader marks goods 20% above cost and allows 20% discount. Result is ____.
  • A. No profit
  • B. 4% profit
  • C. 2% loss
  • D. None
Correct Answer: D
Explanation:
Slight loss occurs; none of the exact options.
Related Question 1
A trader marks goods 20% above cost and gives 10% discount. Gain percent is ____.
  • A. 10%
  • B. 8%
  • C. 5%
  • D. 6%
Correct Answer: B
Explanation:
Effective gain = 8%.
Related Question 2
A trader marks the price 10% above the cost. What discount results in no profit, no loss?
  • A. 10%
  • B. 10.5%
  • C. 11%
  • D. 12.5%
Correct Answer: A
Explanation:
A discount equal to the markup cancels profit.
Related Question 3
A shopkeeper marks goods 20% above cost and allows 30% discount. What is net profit/loss percent?
  • A. 8% profit
  • B. 10% loss
  • C. 16% loss
  • D. 20% loss
Correct Answer: C
Explanation:
Effective loss = 1 − (1.2 × 0.7) = 16%.
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
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.