A person sells a watch for Rs. 1750, losing 30%. Find the cost price. MCQ with Answer and Explanation

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A person sells a watch for Rs. 1750, losing 30%. Find the cost price.

A. Rs. 2600

B. Rs. 2300

C. Rs. 2400

D. Rs. 2500

Answer: Option D

Solution (By JKSSB Mock Tests)

SP = 70% of CP => CP = 1750 / 0.7 = 2500.

This question belongs to: Maths Profit And Loss

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Question #1

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A man buys 10 articles for Rs. 8 and sells 8 articles for Rs. 10. Find the profit percentage.

A. 56.25%

B. 60%

C. 45%

D. 50%

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Correct Answer: Option A

This question belongs to: Maths Profit And Loss

Question #2

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A man buys a shirt for Rs. 400 and sells it for Rs. 480. What is the gain percent?

A. 15%

B. 30%

C. 20%

D. 25%

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Correct Answer: Option C

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

This question belongs to: Maths Profit And Loss

Question #3

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A shopkeeper sells a mobile for Rs. 5000, losing 10%. At what price should he sell it to gain 10%?

A. Rs. 6000

B. Rs. 5800

C. Rs. 5500

D. Rs. 6111.11

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Correct Answer: Option D

This question belongs to: Maths Profit And Loss

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