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

Question

Share Report Error

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

A. Rs. 195

B. Rs. 200

C. Rs. 210

D. Rs. 205

Answer: Option B

Solution (By JKSSB Mock Tests)

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

This question belongs to: Maths Profit And Loss

Request complete Subject PDF

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Profit And Loss Questions

Question #1

Share Report

If the cost price of 8 apples equals the selling price of 6 apples, what is the profit percentage?

A. 50%

B. 33.33%

C. 40%

D. 25%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
8 * CP = 6 * SP. SP/CP = 8/6 = 4/3. Profit = 4 - 3 = 1. Profit % = (1/3) * 100 = 33.33%.

This question belongs to: Maths Profit And Loss

Question #2

Share Report

A dealer sells an article at a loss of 4%. Had he sold it for Rs. 120 more, he would have gained 8%. What is the cost price of the article?

A. Rs. 1200

B. Rs. 900

C. Rs. 1000

D. Rs. 800

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
The difference between an 8% gain and a 4% loss is 12% of the cost price. So, 12% of CP = 120. CP = (120 * 100) / 12 = Rs. 1000.

This question belongs to: Maths Profit And Loss

Question #3

Share Report

If the cost price of an article is Rs. 420 and the selling price is Rs. 504, what is the profit percentage?

A. 25%

B. 20%

C. 15%

D. 18%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
Profit = 84, profit% = 84/420*100 = 20%.

This question belongs to: Maths Profit And Loss

Explore All Profit And Loss MCQs