A person buys a pair of jeans for Rs. 800 and sells them for Rs. 640. What is the loss percentage? MCQ with Answer and Explanation

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A person buys a pair of jeans for Rs. 800 and sells them for Rs. 640. What is the loss percentage?

A. 30%

B. 25%

C. 20%

D. 15%

Answer: Option C

Solution (By JKSSB Mock Tests)

Loss = 160, loss% = 160/800*100 = 20%.

This question belongs to: Maths Profit And Loss

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Question #1

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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. 310

B. Rs. 300

C. Rs. 290

D. Rs. 320

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Correct Answer: Option B

Explanation:
CP = 384 / 1.28 = 300.

This question belongs to: Maths Profit And Loss

Question #2

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If the marked price of an article is Rs. 800 and it is sold at a discount of 15%, what is the selling price?

A. Rs. 720

B. Rs. 640

C. Rs. 760

D. Rs. 680

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Correct Answer: Option D

Explanation:
SP = 800 * (1 - 0.15) = 800 * 0.85 = 680.

This question belongs to: Maths Profit And Loss

Question #3

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If the selling price is Rs. 550 and the profit is 10%, find the cost price.

A. Rs. 510

B. Rs. 500

C. Rs. 505

D. Rs. 495

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Correct Answer: Option B

Explanation:
SP = 1.1 CP => CP = 550 / 1.1 = 500.

This question belongs to: Maths Profit And Loss

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