A shopkeeper sells an item at Rs. 180, losing 10%. What is the cost price? MCQ with Answer and Explanation

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A shopkeeper sells an item at Rs. 180, losing 10%. What is the cost price?

A. Rs. 190

B. Rs. 210

C. Rs. 185

D. Rs. 200

Answer: Option D

Solution (By JKSSB Mock Tests)

CP = 180/0.9 = 200.

This question belongs to: Maths Profit And Loss

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Question #1

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A man sells an article at a profit of 12%. If the cost price is Rs. 250, what is the selling price?

A. Rs. 275

B. Rs. 285

C. Rs. 280

D. Rs. 290

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Correct Answer: Option C

Explanation:
SP = 250*1.12 = 280.

This question belongs to: Maths Profit And Loss

Question #2

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

A. 50%

B. 33.33%

C. 60%

D. 42.85%

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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 #3

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A shopkeeper sells a bag for Rs. 380, losing 5%. Find the cost price.

A. Rs. 385

B. Rs. 400

C. Rs. 390

D. Rs. 410

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Correct Answer: Option B

Explanation:
SP = 95% of CP => CP = 380 / 0.95 = 400.

This question belongs to: Maths Profit And Loss

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