A person sells an article at a profit of 25%. If the cost price is Rs. 320, what is the selling price? MCQ with Answer and Explanation

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A person sells an article at a profit of 25%. If the cost price is Rs. 320, what is the selling price?

A. Rs. 420

B. Rs. 360

C. Rs. 380

D. Rs. 400

Answer: Option D

Solution (By JKSSB Mock Tests)

SP = 320 * 1.25 = 400.

This question belongs to: Maths Profit And Loss

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Question #1

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A person buys 80 kg of rice and sells it at a profit of as much money as he paid for 30 kg. His profit percentage is:

A. 35%

B. 30%

C. 37.5%

D. 27.5%

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Correct Answer: Option C

Explanation:
Let Cost Price of 1 kg = 1. Cost Price of 80 kg = 80. Profit = Cost Price of 30 kg = 30. Profit percentage = (30 / 80) * 100 = 37.5%.

This question belongs to: Maths Profit And Loss

Question #2

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If the cost price of an article is Rs. 310 and the selling price is Rs. 372, what is the profit percentage?

A. 25%

B. 15%

C. 20%

D. 18%

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Correct Answer: Option C

Explanation:
Profit = 62, profit% = 62/310*100 = 20%.

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Question #3

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The selling price of an article is 8/5 times its cost price. Find the profit percentage.

A. 40%

B. 75%

C. 50%

D. 60%

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Correct Answer: Option D

Explanation:
Selling Price = (8/5) * Cost Price. Selling Price / Cost Price = 1.6. Profit = 0.6 of Cost Price. Profit percentage = 60%.

This question belongs to: Maths Profit And Loss

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