A shopkeeper sells a book for Rs. 440, gaining 10%. Find the cost price. MCQ with Answer and Explanation

A shopkeeper sells a book for Rs. 440, gaining 10%. Find the cost price.
A. Rs. 380
B. Rs. 420
C. Rs. 400
D. Rs. 410
Answer: Option C
Solution (By JKSSB Mock Tests)
CP = 440 / 1.10 = 400.

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Profit And Loss Questions

Question #1
A dealer allows a discount of 10% on the marked price and still gains 15%. If the cost price is Rs. 500, find the marked price.
A. Rs. 650
B. Rs. 700
C. Rs. 638.89
D. Rs. 600

Correct Answer: Option C


Explanation:
SP = 500*1.15 = 575. MP = 575 / 0.9 = 638.89.

This question belongs to: Maths Profit And Loss
Question #2
A dealer marks his goods 40% above cost and gives a discount of 25%. What is his profit percent?
A. 15%
B. 10%
C. 5%
D. 20%

Correct Answer: Option C


Explanation:
Let CP = 100, MP = 140, SP = 140*0.75 = 105, profit = 5%.

This question belongs to: Maths Profit And Loss
Question #3
A manufacturer sells to a wholesaler at a profit of 10%. The wholesaler sells to a dealer at a profit of 20%. The dealer sells to a retailer at a profit of 15%. If the retailer paid Rs. 30360, what was the manufacturer's cost?
A. Rs. 22000
B. Rs. 20000
C. Rs. 25000
D. Rs. 24000

Correct Answer: Option B


Explanation:
Let cost be x. x * 1.1 * 1.2 * 1.15 = 30360. x * 1.518 = 30360. x = 30360 / 1.518 = 20000.

This question belongs to: Maths Profit And Loss