A man sells a book for Rs. 220, losing 12%. What is the cost price? MCQ with Answer and Explanation

Question

Share Report Error

A man sells a book for Rs. 220, losing 12%. What is the cost price?

A. Rs. 250

B. Rs. 260

C. Rs. 240

D. Rs. 230

Answer: Option A

Solution (By JKSSB Mock Tests)

SP = 88% of CP => CP = 220 / 0.88 = 250.

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

A person sells an article at Rs. 275, gaining 10%. What is the cost price?

A. Rs. 250

B. Rs. 260

C. Rs. 240

D. Rs. 255

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
CP = 275/1.1 = 250.

This question belongs to: Maths Profit And Loss

Question #2

An article is sold for Rs. 1020, resulting in a 20% loss. Find the cost price.

A. Rs. 1275

B. Rs. 1200

C. Rs. 1250

D. Rs. 1300

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
80% of CP = 1020. CP = 1020 / 0.8 = Rs. 1275.

This question belongs to: Maths Profit And Loss

Question #3

A shopkeeper purchases an item for Rs. 450 and sells it for Rs. 405. What is the loss percentage?

A. 12%

B. 10%

C. 15%

D. 8%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
Loss = 45, loss% = 45/450*100=10%.

This question belongs to: Maths Profit And Loss

Explore All Profit And Loss MCQs