A shopkeeper sells a table for Rs. 2400, losing 20%. Find the cost price. MCQ with Answer and Explanation

Question

Share Report Error

A shopkeeper sells a table for Rs. 2400, losing 20%. Find the cost price.

A. Rs. 2500

B. Rs. 3000

C. Rs. 2800

D. Rs. 3200

Answer: Option B

Solution (By JKSSB Mock Tests)

CP = 2400/0.8 = 3000.

This question belongs to: Maths Profit And Loss

Request complete Subject PDF

Discuss this Question (0)

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

Practice More Profit And Loss Questions

Question #1

Share Report

A vendor buys lemons at 5 for Rs. 14 and sells them at 3 for Rs. 12. Find the profit percentage.

A. 33.33%

B. 50%

C. 60%

D. 42.85%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
CP of 15 lemons = 14 * 3 = 42. SP of 15 lemons = 12 * 5 = 60. Profit = 18. Profit % = (18 / 42) * 100 = (3/7) * 100 = 42.85%.

This question belongs to: Maths Profit And Loss

Question #2

Share Report

If the selling price of an article is Rs. 297 and the profit is 35%, find the cost price.

A. Rs. 230

B. Rs. 240

C. Rs. 220

D. Rs. 210

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
CP = 297 / 1.35 = 220.

This question belongs to: Maths Profit And Loss

Question #3

Share Report

If the selling price of an article is Rs. 180 and the loss is 10%, find the cost price.

A. Rs. 185

B. Rs. 200

C. Rs. 210

D. Rs. 190

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
CP = 180/0.9 = 200.

This question belongs to: Maths Profit And Loss

Explore All Profit And Loss MCQs