A shopkeeper sells a watch for Rs. 1100, losing 12%. Find the cost price. MCQ with Answer and Explanation

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A shopkeeper sells a watch for Rs. 1100, losing 12%. Find the cost price.

A. Rs. 1150

B. Rs. 1300

C. Rs. 1200

D. Rs. 1250

Answer: Option D

Solution (By JKSSB Mock Tests)

SP = 88% of CP => CP = 1100 / 0.88 = 1250.

This question belongs to: Maths Profit And Loss

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Question #1

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A trader allows a discount of 40% on the marked price and still gains 20%. If the cost price is Rs. 600, find the marked price.

A. Rs. 1300

B. Rs. 1100

C. Rs. 1200

D. Rs. 1000

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Correct Answer: Option C

This question belongs to: Maths Profit And Loss

Question #2

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If the selling price of an article is Rs. 110 and the loss is 15%, find the cost price.

A. Rs. 129.41

B. Rs. 125

C. Rs. 130

D. Rs. 120

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Correct Answer: Option A

This question belongs to: Maths Profit And Loss

Question #3

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If the selling price of an article is Rs. 450 and the profit is 12.5%, find the cost price.

A. Rs. 420

B. Rs. 380

C. Rs. 410

D. Rs. 400

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Correct Answer: Option D

Explanation:
CP = 450/1.125 = 400.

This question belongs to: Maths Profit And Loss

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