A table is sold for Rs. 450 at a loss of 10%. What is the cost price of the table? MCQ with Answer and Explanation

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A table is sold for Rs. 450 at a loss of 10%. What is the cost price of the table?

A. Rs. 480

B. Rs. 520

C. Rs. 500

D. Rs. 490

Answer: Option C

Solution (By JKSSB Mock Tests)

Selling Price = 450. Loss = 10%. Cost Price = 450 / 0.90 = 500.

This question belongs to: Maths Profit And Loss

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Question #1

A shopkeeper sells a chair for Rs. 540, gaining 12.5%. Find the cost price.

A. Rs. 480

B. Rs. 500

C. Rs. 520

D. Rs. 460

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Correct Answer: Option A

Explanation:
CP = 540 / 1.125 = 480.

This question belongs to: Maths Profit And Loss

Question #2

A trader marks his goods 25% above cost and gives a discount of 20%. What is his profit percent?

A. 5%

B. 10%

C. 0%

D. 2%

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Correct Answer: Option C

This question belongs to: Maths Profit And Loss

Question #3

A dealer sells a book for Rs. 330, losing 12%. Find the cost price.

A. Rs. 350

B. Rs. 360

C. Rs. 385

D. Rs. 375

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Correct Answer: Option D

Explanation:
SP = 88% of CP => CP = 330 / 0.88 = 375.

This question belongs to: Maths Profit And Loss

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