A man sells an article at a profit of 15%. If the cost price is Rs. 200, what is the selling price? MCQ with Answer and Explanation

A man sells an article at a profit of 15%. If the cost price is Rs. 200, what is the selling price?
A. Rs. 235
B. Rs. 225
C. Rs. 240
D. Rs. 230
Answer: Option D
Solution (By JKSSB Mock Tests)
SP = 200*1.15 = 230.

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Practice More Profit And Loss Questions

Question #1
A dealer offers a discount of 10% on the marked price of an article and still makes a profit of 20%. If its marked price is Rs. 800, then the cost price is:
A. Rs. 650
B. Rs. 500
C. Rs. 600
D. Rs. 550

Correct Answer: Option C


Explanation:
SP = 90% of 800 = 720. Profit is 20%, so SP = 1.2 * CP. 1.2 * CP = 720. CP = 720 / 1.2 = Rs. 600.

This question belongs to: Maths Profit And Loss
Question #2
If the cost price of an article is Rs. 300 and it is sold at a loss of 5%, what is the selling price?
A. Rs. 295
B. Rs. 285
C. Rs. 280
D. Rs. 290

Correct Answer: Option B


Explanation:
Loss = 5% of 300 = 15, SP = 300-15=285.

This question belongs to: Maths Profit And Loss
Question #3
A trader marks his goods 40% above cost and gives a discount of 15%. What is his profit percent?
A. 18%
B. 19%
C. 20%
D. 15%

Correct Answer: Option B


Explanation:
Let CP = 100, MP = 140, SP = 140*0.85 = 119, profit = 19%.

This question belongs to: Maths Profit And Loss