A person sells a book for Rs. 150, losing 25%. Find the cost price. MCQ with Answer and Explanation

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A person sells a book for Rs. 150, losing 25%. Find the cost price.

A. Rs. 200

B. Rs. 210

C. Rs. 180

D. Rs. 190

Answer: Option A

Solution (By JKSSB Mock Tests)

SP = 75% of CP => CP = 150 / 0.75 = 200.

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. 1080 and the loss is 20%, find the cost price.

A. Rs. 1300

B. Rs. 1400

C. Rs. 1250

D. Rs. 1350

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Correct Answer: Option D

Explanation:
SP = 80% of CP => CP = 1080 / 0.8 = 1350.

This question belongs to: Maths Profit And Loss

Question #2

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A person buys a book for Rs. 300 and sells it for Rs. 240. What is the loss percentage?

A. 20%

B. 10%

C. 15%

D. 25%

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Correct Answer: Option A

Explanation:
Loss = 60, loss% = 60/300*100=20%.

This question belongs to: Maths Profit And Loss

Question #3

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If the cost price of an article is Rs. 160 and the selling price is Rs. 192, what is the profit percentage?

A. 18%

B. 20%

C. 15%

D. 25%

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Correct Answer: Option B

Explanation:
Profit = 32, profit% = 32/160*100=20%.

This question belongs to: Maths Profit And Loss

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