A person sells an item at a profit of 15%. If the cost price is Rs. 200, what is the selling price? MCQ with Answer and Explanation

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A person sells an item at a profit of 15%. If the cost price is Rs. 200, what is the selling price?

A. Rs. 225

B. Rs. 235

C. Rs. 230

D. Rs. 240

Answer: Option C

Solution (By JKSSB Mock Tests)

SP = 200*1.15 = 230.

This question belongs to: Maths Profit And Loss

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Question #1

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A trader marks his goods 20% above cost and gives a discount of 10%. What is his profit percent?

A. 15%

B. 12%

C. 8%

D. 10%

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Correct Answer: Option C

Explanation:
CP=100, MP=120, SP=120*0.9=108, profit=8%.

This question belongs to: Maths Profit And Loss

Question #2

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A shopkeeper sells a shirt for Rs. 800, making a profit of 25%. What is the cost price?

A. Rs. 680

B. Rs. 620

C. Rs. 660

D. Rs. 640

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Correct Answer: Option D

Explanation:
CP = 800/1.25 = 640.

This question belongs to: Maths Profit And Loss

Question #3

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A shopkeeper buys 200 pens at Rs. 12 each and sells 150 pens at Rs. 15 each and the remaining at Rs. 10 each. What is his profit or loss percentage?

A. Loss 6.25%

B. Profit 6.25%

C. Profit 10%

D. No profit no loss

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Correct Answer: Option B

This question belongs to: Maths Profit And Loss

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