Selected MCQ

Current Question
A trader defaults 20% in buying. What is effective loss?
  • A. 20%
  • B. 45%
  • C. 44%
  • D. 48%
Correct Answer: C
Explanation:
Combined percentage effect.
Related Question 1
A trader buys two TVs for Rs. 35000 and sells one at Rs. 21000. Find the selling price of the second for no loss.
  • A. Rs. 21000
  • B. Rs. 17500
  • C. Rs. 19000
  • D. Rs. 24500
Correct Answer: A
Explanation:
Total SP must equal total CP.
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
If cost price is Rs. 1000 and selling price is Rs. 850, loss percent is ____.
  • A. 10%
  • B. 12%
  • C. 15%
  • D. 20%
Correct Answer: C
Explanation:
Loss = 150 → 15%.
Related Question 4
If loss is 10% and cost price is Rs. 500, selling price is ____.
  • A. Rs. 450
  • B. Rs. 400
  • C. Rs. 420
  • D. Rs. 480
Correct Answer: A
Explanation:
SP = 90% of 500.
Related Question 5
If cost price is Rs. 600 and loss is 20%, selling price is ____.
  • A. Rs. 480
  • B. Rs. 500
  • C. Rs. 520
  • D. Rs. 550
Correct Answer: A
Explanation:
SP = 80% of 600 = 480.