A person sells a book at a loss of 8%. If the selling price is Rs. 184, find the cost price. MCQ with Answer and Explanation

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A person sells a book at a loss of 8%. If the selling price is Rs. 184, find the cost price.

A. Rs. 190

B. Rs. 185

C. Rs. 210

D. Rs. 200

Answer: Option D

Solution (By JKSSB Mock Tests)

SP = 92% of CP => CP = 184 / 0.92 = 200.

This question belongs to: Maths Profit And Loss

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Question #1

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A person bought a watch for Rs. 1200 and sold it for Rs. 1500. What is the profit percentage?

A. 20%

B. 25%

C. 30%

D. 15%

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Correct Answer: Option B

Explanation:
Profit = 300, profit% = 300/1200*100=25%.

This question belongs to: Maths Profit And Loss

Question #2

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A dishonest dealer professes to sell his goods at cost price, but uses a 750 gram weight for 1 kg. Find his gain percentage.

A. 20%

B. 33.33%

C. 30%

D. 25%

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Correct Answer: Option B

Explanation:
Goods given = 750g. Goods charged for = 1000g. Gain = 250g. Gain percentage = (250 / 750) * 100 = 33.33%.

This question belongs to: Maths Profit And Loss

Question #3

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If the selling price of an article is Rs. 480 and the profit is 20%, find the cost price.

A. Rs. 400

B. Rs. 380

C. Rs. 420

D. Rs. 440

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Correct Answer: Option A

Explanation:
CP = 480 / 1.20 = 400.

This question belongs to: Maths Profit And Loss

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