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. 360

B. Rs. 385

C. Rs. 375

D. Rs. 350

Answer: Option C

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

A shopkeeper sells a product for Rs. 648, gaining 8%. Find the cost price.

A. Rs. 620

B. Rs. 640

C. Rs. 580

D. Rs. 600

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Correct Answer: Option D

Explanation:
CP = 648 / 1.08 = 600.

This question belongs to: Maths Profit And Loss

Question #2

An article is sold for Rs. 1020, resulting in a 20% loss. Find the cost price.

A. Rs. 1200

B. Rs. 1250

C. Rs. 1300

D. Rs. 1275

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Correct Answer: Option D

Explanation:
80% of CP = 1020. CP = 1020 / 0.8 = Rs. 1275.

This question belongs to: Maths Profit And Loss

Question #3

If the cost price of an article is Rs. 600 and the selling price is Rs. 540, what is the loss percentage?

A. 10%

B. 15%

C. 12%

D. 8%

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Correct Answer: Option A

Explanation:
Loss = 60, loss% = 60/600*100 = 10%.

This question belongs to: Maths Profit And Loss

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