A dealer gives a discount of 10% on the marked price and still gains 15%. If the marked price is Rs. 800, find the cost price. MCQ with Answer and Explanation

A dealer gives a discount of 10% on the marked price and still gains 15%. If the marked price is Rs. 800, find the cost price.
A. Rs. 626.09
B. Rs. 600
C. Rs. 640
D. Rs. 650
Answer: Option A
Solution (By JKSSB Mock Tests)
SP = 800*0.9 = 720. CP = 720 / 1.15 = 626.09.

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Practice More Profit And Loss Questions

Question #1
If the selling price of an article is Rs. 135 and the profit is 35%, find the cost price.
A. Rs. 100
B. Rs. 95
C. Rs. 105
D. Rs. 110

Correct Answer: Option A


This question belongs to: Maths Profit And Loss
Question #2
If the cost price of an article is Rs. 250 and the selling price is Rs. 200, what is the loss percentage?
A. 15%
B. 25%
C. 30%
D. 20%

Correct Answer: Option D


Explanation:
Loss = 50, loss% = 50/250*100 = 20%.

This question belongs to: Maths Profit And Loss
Question #3
If the selling price of an article is Rs. 130 and the loss is 35%, find the cost price.
A. Rs. 220
B. Rs. 200
C. Rs. 190
D. Rs. 180

Correct Answer: Option B


This question belongs to: Maths Profit And Loss