A person bought a dress for Rs. 1200 and sold it for Rs. 1440. What is the profit percentage? MCQ with Answer and Explanation

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A person bought a dress for Rs. 1200 and sold it for Rs. 1440. What is the profit percentage?

A. 18%

B. 15%

C. 25%

D. 20%

Answer: Option D

Solution (By JKSSB Mock Tests)

Profit = 240, profit% = 240/1200*100=20%.

This question belongs to: Maths Profit And Loss

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Question #1

A person sells a watch for Rs. 480, gaining 20%. Find the cost price.

A. Rs. 440

B. Rs. 420

C. Rs. 400

D. Rs. 380

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Correct Answer: Option C

Explanation:
CP = 480 / 1.20 = 400.

This question belongs to: Maths Profit And Loss

Question #2

If the selling price of an article is Rs. 135 and the profit is 35%, find the cost price.

A. Rs. 95

B. Rs. 105

C. Rs. 110

D. Rs. 100

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Correct Answer: Option D

This question belongs to: Maths Profit And Loss

Question #3

If the cost price of 11 articles is equal to the selling price of 10 articles, find the gain percent.

A. 12%

B. 8%

C. 15%

D. 10%

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Correct Answer: Option D

Explanation:
Let CP of 1 = 1, CP of 11 = 11, SP of 10 = 11 => SP of 1 = 11/10 = 1.1, gain = 10%.

This question belongs to: Maths Profit And Loss

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