A person sells a book for Rs. 190, losing 5%. Find the cost price. MCQ with Answer and Explanation

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A person sells a book for Rs. 190, losing 5%. Find the cost price.

A. Rs. 195

B. Rs. 210

C. Rs. 200

D. Rs. 205

Answer: Option C

Solution (By JKSSB Mock Tests)

SP = 95% of CP => CP = 190 / 0.95 = 200.

This question belongs to: Maths Profit And Loss

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Question #1

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A person buys a pair of shoes for Rs. 400 and sells them for Rs. 480. What is the gain percent?

A. 20%

B. 15%

C. 30%

D. 25%

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Correct Answer: Option A

Explanation:
Gain = 80, gain% = 80/400*100 = 20%.

This question belongs to: Maths Profit And Loss

Question #2

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A trader allows a discount of 30% on the marked price and still makes a profit of 20%. If the cost price is Rs. 600, find the marked price.

A. Rs. 1028.57

B. Rs. 1100

C. Rs. 950

D. Rs. 1000

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Correct Answer: Option A

This question belongs to: Maths Profit And Loss

Question #3

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

A. Rs. 190

B. Rs. 200

C. Rs. 180

D. Rs. 210

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Correct Answer: Option B

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

This question belongs to: Maths Profit And Loss

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