A man sells a book for Rs. 190, losing 5%. Find the cost price. MCQ with Answer and Explanation

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A man sells a book for Rs. 190, losing 5%. Find the cost price.

A. Rs. 205

B. Rs. 210

C. Rs. 200

D. Rs. 195

Answer: Option C

Solution (By JKSSB Mock Tests)

SP = 95% of CP => CP = 190 / 0.95 = 200.

This question belongs to: Maths Profit And Loss

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Question #1

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A dealer 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. 1300

B. Rs. 1200

C. Rs. 1000

D. Rs. 1100

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Correct Answer: Option B

Explanation:
SP = 600*1.2 = 720. MP = 720 / 0.6 = 1200.

This question belongs to: Maths Profit And Loss

Question #2

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If the selling price of an article is Rs. 330 and the profit is 10%, find the cost price.

A. Rs. 310

B. Rs. 300

C. Rs. 320

D. Rs. 290

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Correct Answer: Option B

Explanation:
CP = 330 / 1.10 = 300.

This question belongs to: Maths Profit And Loss

Question #3

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If the cost price of an article is Rs. 460 and it is sold at a loss of 5%, what is the selling price?

A. Rs. 430

B. Rs. 445

C. Rs. 437

D. Rs. 440

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Correct Answer: Option C

Explanation:
Loss = 5% of 460 = 23, SP = 460 - 23 = 437.

This question belongs to: Maths Profit And Loss

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