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. 180

B. Rs. 210

C. Rs. 190

D. Rs. 200

Answer: Option D

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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A trader marks his goods 30% above cost and gives a discount of 15%. What is his profit percent?

A. 12%

B. 15%

C. 10.5%

D. 9%

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Correct Answer: Option C

Explanation:
Let CP = 100. MP = 130. SP = 130 * 0.85 = 110.5. Profit = 10.5%.

This question belongs to: Maths Profit And Loss

Question #2

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A fruit seller buys 50 mangoes at Rs. 10 each and sells them at Rs. 12 each. What is his profit percentage?

A. 25%

B. 15%

C. 30%

D. 20%

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Correct Answer: Option D

Explanation:
CP = 500, SP = 600, profit = 100, profit% = 100/500*100=20%.

This question belongs to: Maths Profit And Loss

Question #3

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A person buys a toy for Rs. 200 and sells it for Rs. 180. What is the loss percentage?

A. 10%

B. 20%

C. 15%

D. 8%

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Correct Answer: Option A

Explanation:
Loss = 20, loss% = 20/200*100=10%.

This question belongs to: Maths Profit And Loss

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