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. 210

B. Rs. 205

C. Rs. 195

D. Rs. 200

Answer: Option D

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 pencil for Rs. 10 and sells it for Rs. 12. What is the gain percent?

A. 15%

B. 25%

C. 20%

D. 10%

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Correct Answer: Option C

Explanation:
Gain = 2, gain% = 2/10*100 = 20%.

This question belongs to: Maths Profit And Loss

Question #2

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A trader allows a discount of 20% on an article and still gains 25%. If the cost price is Rs. 400, find the marked price.

A. Rs. 700

B. Rs. 600

C. Rs. 650

D. Rs. 625

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Correct Answer: Option D

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Question #3

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A sells a bicycle to B at a 20% profit. B sells it to C at a 25% profit. If C pays Rs. 1500, what did A pay for it?

A. Rs. 1200

B. Rs. 1100

C. Rs. 900

D. Rs. 1000

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Correct Answer: Option D

Explanation:
Let A's Cost Price = X. X * 1.20 * 1.25 = 1500. 1.50 * X = 1500. X = 1000.

This question belongs to: Maths Profit And Loss

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