A man sells an article for Rs. 735, gaining 5%. Find the cost price. MCQ with Answer and Explanation

Question

Share Report Error

A man sells an article for Rs. 735, gaining 5%. Find the cost price.

A. Rs. 740

B. Rs. 720

C. Rs. 700

D. Rs. 680

Answer: Option C

Solution (By JKSSB Mock Tests)

CP = 735 / 1.05 = 700.

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 selling price of an article is Rs. 180 and the loss is 10%, find the cost price.

A. Rs. 185

B. Rs. 210

C. Rs. 190

D. Rs. 200

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
CP = 180/0.9 = 200.

This question belongs to: Maths Profit And Loss

Question #2

Share Report

A trader marks his goods 20% above cost and gives a discount of 10%. What is his profit percent?

A. 8%

B. 12%

C. 10%

D. 15%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
CP=100, MP=120, SP=120*0.9=108, profit=8%.

This question belongs to: Maths Profit And Loss

Question #3

Share Report

If the selling price of an article is Rs. 320 and the loss is 20%, what is the cost price?

A. Rs. 420

B. Rs. 400

C. Rs. 360

D. Rs. 380

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
CP = 320/0.8 = 400.

This question belongs to: Maths Profit And Loss

Explore All Profit And Loss MCQs