A person buys a T-shirt for Rs. 800 and sells it at a profit of 25%. What is the selling price? MCQ with Answer and Explanation

A person buys a T-shirt for Rs. 800 and sells it at a profit of 25%. What is the selling price?
A. Rs. 1050
B. Rs. 900
C. Rs. 950
D. Rs. 1000
Answer: Option D
Solution (By JKSSB Mock Tests)
SP = 800*1.25 = 1000.

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Practice More Profit And Loss Questions

Question #1
The marked price of a machine is Rs. 3200. Two successive discounts are offered, the first being 10%. If the final selling price is Rs. 2448, find the second discount percentage.
A. 15%
B. 20%
C. 12%
D. 18%

Correct Answer: Option A


Explanation:
Price after first discount = 3200 * 0.90 = 2880. Second discount amount = 2880 - 2448 = 432. Second discount percentage = (432 / 2880) * 100 = 15%.

This question belongs to: Maths Profit And Loss
Question #2
A shopkeeper sells a bag for Rs. 480, losing 20%. Find the cost price.
A. Rs. 600
B. Rs. 560
C. Rs. 580
D. Rs. 620

Correct Answer: Option A


Explanation:
SP = 80% of CP => CP = 480 / 0.8 = 600.

This question belongs to: Maths Profit And Loss
Question #3
If the selling price of an article is Rs. 210 and the loss is 16.67%, find the cost price.
A. Rs. 260
B. Rs. 240
C. Rs. 252
D. Rs. 250

Correct Answer: Option C


Explanation:
SP = 83.33% of CP => CP = 210 / 0.8333 ≈ 252.

This question belongs to: Maths Profit And Loss