A man sold a TV for Rs. 15000, making a profit of 20%. Find the cost price. MCQ with Answer and Explanation

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A man sold a TV for Rs. 15000, making a profit of 20%. Find the cost price.

A. Rs. 14000

B. Rs. 13000

C. Rs. 12500

D. Rs. 12000

Answer: Option C

Solution (By JKSSB Mock Tests)

CP = 15000/1.2 = 12500.

This question belongs to: Maths Profit And Loss

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Question #1

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If the cost price of an article is Rs. 600 and the selling price is Rs. 540, what is the loss percentage?

A. 12%

B. 15%

C. 10%

D. 8%

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Correct Answer: Option C

Explanation:
Loss = 60, loss% = 60/600*100 = 10%.

This question belongs to: Maths Profit And Loss

Question #2

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If the selling price of an article is Rs. 384 and the profit is 28%, find the cost price.

A. Rs. 300

B. Rs. 290

C. Rs. 320

D. Rs. 310

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Correct Answer: Option A

Explanation:
CP = 384 / 1.28 = 300.

This question belongs to: Maths Profit And Loss

Question #3

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If the selling price of an article is Rs. 468 and the profit is 30%, find the cost price.

A. Rs. 380

B. Rs. 360

C. Rs. 400

D. Rs. 340

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Correct Answer: Option B

Explanation:
CP = 468 / 1.30 = 360.

This question belongs to: Maths Profit And Loss

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