A man sells an article at a profit of 15%. If the cost price is Rs. 300, what is the selling price? MCQ with Answer and Explanation

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A man sells an article at a profit of 15%. If the cost price is Rs. 300, what is the selling price?

A. Rs. 345

B. Rs. 330

C. Rs. 360

D. Rs. 340

Answer: Option A

Solution (By JKSSB Mock Tests)

SP = 300 * 1.15 = 345.

This question belongs to: Maths Profit And Loss

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Question #1

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A merchant marks his goods 25% above CP and gives a 10% discount. Find his profit percentage.

A. 17.5%

B. 10%

C. 12.5%

D. 15%

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Correct Answer: Option C

Explanation:
Let CP = 100. Marked Price = 125. Discount = 10% of 125 = 12.5. SP = 125 - 12.5 = 112.5. Profit % = 12.5%.

This question belongs to: Maths Profit And Loss

Question #2

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A merchant buys a calculator for Rs. 800 and sells it for Rs. 1000. What is his profit percentage?

A. 20%

B. 30%

C. 25%

D. 22.5%

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Correct Answer: Option C

Explanation:
Profit = Selling Price - Cost Price = 1000 - 800 = 200. Profit percentage = (200 / 800) * 100 = 25%.

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Question #3

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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. 290

B. Rs. 300

C. Rs. 310

D. Rs. 320

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Correct Answer: Option B

Explanation:
CP = 330 / 1.10 = 300.

This question belongs to: Maths Profit And Loss

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