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

A person sells a book for Rs. 150, losing 25%. Find the cost price.
A. Rs. 190
B. Rs. 210
C. Rs. 200
D. Rs. 180
Answer: Option C
Solution (By JKSSB Mock Tests)
SP = 75% of CP => CP = 150 / 0.75 = 200.

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Practice More Profit And Loss Questions

Question #1
A shirt marked at Rs. 800 is sold at a discount of 25%. What is the selling price?
A. Rs. 650
B. Rs. 550
C. Rs. 600
D. Rs. 500

Correct Answer: Option C


Explanation:
Marked Price = 800. Discount = 25%. Selling Price = 800 * 0.75 = 600.

This question belongs to: Maths Profit And Loss
Question #2
A man sells an article for Rs. 880, gaining 10%. What is the cost price?
A. Rs. 780
B. Rs. 800
C. Rs. 840
D. Rs. 820

Correct Answer: Option B


Explanation:
CP = 880 / 1.10 = 800.

This question belongs to: Maths Profit And Loss
Question #3
If the cost price of an article is Rs. 660 and it is sold at a loss of 10%, what is the selling price?
A. Rs. 610
B. Rs. 600
C. Rs. 580
D. Rs. 594

Correct Answer: Option D


Explanation:
Loss = 10% of 660 = 66, SP = 660 - 66 = 594.

This question belongs to: Maths Profit And Loss