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

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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.

This question belongs to: Maths Profit And Loss

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If goods are purchased for Rs. 840 and one-fourth of them are sold at a loss of 20%, at what profit percentage should the remainder be sold to gain 20% on the whole transaction?

A. 35%

B. 30%

C. 33.33%

D. 28.33%

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Correct Answer: Option C

Explanation:
Total Cost Price = 840. Target Selling Price = 840 * 1.20 = 1008. Cost Price of one-fourth = 210. Selling Price of this part = 210 * 0.80 = 168. Remaining Selling Price needed = 1008 - 168 = 840. Cost Price of remainder = 630. Profit required on remainder = 840 - 630 = 210. Profit percentage = (210 / 630) * 100 = 33.33%.

This question belongs to: Maths Profit And Loss