A person sells an item at a loss of 10%. If the selling price is Rs. 135, what is the cost price? MCQ with Answer and Explanation

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A person sells an item at a loss of 10%. If the selling price is Rs. 135, what is the cost price?

A. Rs. 150

B. Rs. 155

C. Rs. 140

D. Rs. 145

Answer: Option A

Solution (By JKSSB Mock Tests)

SP = 90% of CP => CP = 135/0.9 = 150.

This question belongs to: Maths Profit And Loss

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Question #1

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A fruit vendor buys 5 apples for Rs. 4 and sells 4 apples for Rs. 5. What is his profit percentage?

A. 45%

B. 40%

C. 56.25%

D. 50.5%

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Correct Answer: Option C

Explanation:
Buy 20 apples for 16. Sell 20 apples for 25. Profit = 25 - 16 = 9. Profit percentage = (9 / 16) * 100 = 56.25%.

This question belongs to: Maths Profit And Loss

Question #2

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A man sold a camera for Rs. 2400, losing 20%. What was the cost price?

A. Rs. 2500

B. Rs. 3000

C. Rs. 3200

D. Rs. 2800

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Correct Answer: Option B

Explanation:
CP = 2400/0.8 = 3000.

This question belongs to: Maths Profit And Loss

Question #3

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A man 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

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Correct Answer: Option D

Explanation:
SP = 320*1.25 = 400.

This question belongs to: Maths Profit And Loss

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