A dealer sells a TV for Rs. 13500, losing 10%. Find the cost price. MCQ with Answer and Explanation

A dealer sells a TV for Rs. 13500, losing 10%. Find the cost price.
A. Rs. 14500
B. Rs. 14000
C. Rs. 15000
D. Rs. 15500
Answer: Option C
Solution (By JKSSB Mock Tests)
SP = 90% of CP => CP = 13500 / 0.9 = 15000.

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Practice More Profit And Loss Questions

Question #1
If the selling price of an article is Rs. 108 and the profit is 20%, find the cost price.
A. Rs. 90
B. Rs. 100
C. Rs. 85
D. Rs. 95

Correct Answer: Option A


Explanation:
CP = 108 / 1.20 = 90.

This question belongs to: Maths Profit And Loss
Question #2
A person buys a book for Rs. 80 and sells it for Rs. 96. What is the gain percentage?
A. 25%
B. 18%
C. 20%
D. 15%

Correct Answer: Option C


Explanation:
Gain = 16, gain% = 16/80*100=20%.

This question belongs to: Maths Profit And Loss
Question #3
A shopkeeper buys a product for Rs. 360 and sells it for Rs. 432. What is the profit percentage?
A. 15%
B. 18%
C. 25%
D. 20%

Correct Answer: Option D


Explanation:
Profit = 72, profit% = 72/360*100 = 20%.

This question belongs to: Maths Profit And Loss