A dealer sells a book for Rs. 330, losing 12%. Find the cost price. MCQ with Answer and Explanation

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A dealer sells a book for Rs. 330, losing 12%. Find the cost price.

A. Rs. 385

B. Rs. 350

C. Rs. 360

D. Rs. 375

Answer: Option D

Solution (By JKSSB Mock Tests)

SP = 88% of CP => CP = 330 / 0.88 = 375.

This question belongs to: Maths Profit And Loss

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Question #1

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The marked price of an article is Rs. 5000. A shopkeeper gives two successive discounts of x% and 20%. If the customer pays Rs. 3400, find the value of x.

A. 18

B. 10

C. 12

D. 15

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Correct Answer: Option D

Explanation:
Price after 20% discount = 5000 * 0.80 = 4000. Further discount given = 4000 - 3400 = 600. Discount percentage x = (600 / 4000) * 100 = 15%.

This question belongs to: Maths Profit And Loss

Question #2

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A shopkeeper sells rice at a 10% profit and uses a weight which is 30% less than the actual measure. What is his total profit percentage?

A. 50%

B. 45.45%

C. 60%

D. 57.14%

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Correct Answer: Option D

Explanation:
He gives 700g but charges for 1000g + 10% profit = 1100g worth of value. Profit = 1100 - 700 = 400. Profit percentage = (400 / 700) * 100 = 57.14%.

This question belongs to: Maths Profit And Loss