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. 14000
B. Rs. 14500
C. Rs. 15500
D. Rs. 15000
Answer: Option D
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
A man buys oranges at 5 for Rs. 10 and an equal number at 4 for Rs. 10. He mixes them and sells them at 9 for Rs. 20. What is his profit or loss percentage?
A. 1.5% Loss
B. 1.23% Loss
C. 1% Loss
D. No profit no loss

Correct Answer: Option B


Explanation:
Let he buy 20 of each (LCM of 5 and 4). CP1 = (10/5)*20 = 40. CP2 = (10/4)*20 = 50. Total CP = 90 for 40 oranges. SP of 40 oranges = (20/9) * 40 = 800/9 = 88.88. Loss = 90 - 88.88 = 1.11. Loss % = (1.11 / 90) * 100 = 1.23%.

This question belongs to: Maths Profit And Loss
Question #2
A fruit seller buys lemons at 2 for a rupee and sells them at 5 for three rupees. What is his profit percentage?
A. 20%
B. 15%
C. 10%
D. 25%

Correct Answer: Option A


Explanation:
CP of 1 lemon = 1/2 = 0.5. SP of 1 lemon = 3/5 = 0.6. Profit = 0.6 - 0.5 = 0.1. Profit % = (0.1 / 0.5) * 100 = 20%.

This question belongs to: Maths Profit And Loss
Question #3
A trader allows a discount of 40% on the marked price and still gains 20%. If the cost price is Rs. 600, find the marked price.
A. Rs. 1200
B. Rs. 1300
C. Rs. 1000
D. Rs. 1100

Correct Answer: Option A


This question belongs to: Maths Profit And Loss