A shopkeeper buys a pen for Rs. 25 and sells it for Rs. 30. What is the profit percentage? MCQ with Answer and Explanation

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A shopkeeper buys a pen for Rs. 25 and sells it for Rs. 30. What is the profit percentage?

A. 15%

B. 20%

C. 10%

D. 25%

Answer: Option B

Solution (By JKSSB Mock Tests)

Profit = 30 - 25 = 5. Profit% = (5/25)*100 = 20%.

This question belongs to: Maths Profit And Loss

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Question #1

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A shopkeeper sells a product at a profit of 15%. If the cost price is Rs. 400, what is the selling price?

A. Rs. 470

B. Rs. 460

C. Rs. 450

D. Rs. 480

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Correct Answer: Option B

Explanation:
SP = 400*1.15 = 460.

This question belongs to: Maths Profit And Loss

Question #2

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If the selling price of an article is Rs. 105 and the loss is 30%, find the cost price.

A. Rs. 160

B. Rs. 150

C. Rs. 140

D. Rs. 145

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Correct Answer: Option B

Explanation:
SP = 70% of CP => CP = 105 / 0.7 = 150.

This question belongs to: Maths Profit And Loss

Question #3

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A tradesman marks his goods 25% above the cost price and allows a 10% discount for cash payment. If he earns a profit of Rs. 50, what is the cost price?

A. Rs. 400

B. Rs. 380

C. Rs. 350

D. Rs. 450

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Correct Answer: Option A

Explanation:
Let Cost Price = 100x. Marked Price = 125x. Selling Price = 125x * 0.90 = 112.5x. Profit = 12.5x. 12.5x = 50. x = 4. Cost Price = 100 * 4 = 400.

This question belongs to: Maths Profit And Loss

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