A person sells a watch for Rs. 900, gaining 12.5%. Find the cost price. MCQ with Answer and Explanation

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A person sells a watch for Rs. 900, gaining 12.5%. Find the cost price.

A. Rs. 840

B. Rs. 800

C. Rs. 780

D. Rs. 820

Answer: Option B

Solution (By JKSSB Mock Tests)

CP = 900 / 1.125 = 800.

This question belongs to: Maths Profit And Loss

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Question #1

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The marked price of an item is Rs. 1200. A discount of 15% is offered. What is the selling price?

A. Rs. 1100

B. Rs. 1020

C. Rs. 980

D. Rs. 1050

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Correct Answer: Option B

Explanation:
Discount = 15% of 1200 = 180. Selling Price = 1200 - 180 = 1020.

This question belongs to: Maths Profit And Loss

Question #2

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If the selling price of an article is Rs. 540 and the loss is 10%, what is the cost price?

A. Rs. 580

B. Rs. 600

C. Rs. 560

D. Rs. 500

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Correct Answer: Option B

Explanation:
Let CP = x. Loss 10% => SP = 90% of x = 540 => x = 540/0.9 = 600.

This question belongs to: Maths Profit And Loss

Question #3

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If the selling price of an article is Rs. 210 and the profit is 5%, find the cost price.

A. Rs. 200

B. Rs. 195

C. Rs. 205

D. Rs. 210

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Correct Answer: Option A

Explanation:
CP = 210 / 1.05 = 200.

This question belongs to: Maths Profit And Loss

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