Profit, Loss and Discount Questions

Multiple choice
  1. Rs. 1200

  2. Rs. 1440

  3. Rs. 1600

  4. Rs. 1640

  5. Rs. 1800

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Let CP = x. Marked price = 1.6667x. After 15% discount, price = 1.6667x * 0.85 = 1.4167x. After another 15% discount, price = 1.4167x * 0.85 = 1.204x. For two pairs, 2 * 1.204x = 2890. Solving for x gives x = 1200.

Multiple choice
  1. A and B

  2. A, B and D

  3. A, B and C

  4. Only B

  5. Only C

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Let CP = 5k and MP = 7k. Profit = SP - CP. For option A (15% discount), SP = 0.85 * 7k = 5.95k, Profit = 0.95k (19%). For B (16% discount), SP = 0.84 * 7k = 5.88k, Profit = 0.88k (17.6%). For C (20% discount), SP = 0.8 * 7k = 5.6k, Profit = 0.6k (12%). Testing the pairs shows A, B, and C satisfy the conditions for x and x-7.