A trader sells an article at a 15% profit. If he buys it at 10% less and sells it for Rs. 4 less, he still makes a 25% profit. Find the original cost price. MCQ with Answer and Explanation

A trader sells an article at a 15% profit. If he buys it at 10% less and sells it for Rs. 4 less, he still makes a 25% profit. Find the original cost price.
A. Rs. 160
B. Rs. 180
C. Rs. 150
D. Rs. 200
Answer: Option A
Solution (By JKSSB Mock Tests)
Let initial Cost Price = 100x. Initial Selling Price = 115x. New Cost Price = 90x. New Selling Price = 90x * 1.25 = 112.5x. Difference = 115x - 112.5x = 2.5x. 2.5x = 4. x = 1.6. Cost Price = 100 * 1.6 = 160.

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Practice More Profit And Loss Questions

Question #1
A shopkeeper sells an item at Rs. 180, losing 10%. What is the cost price?
A. Rs. 210
B. Rs. 185
C. Rs. 190
D. Rs. 200

Correct Answer: Option D


Explanation:
CP = 180/0.9 = 200.

This question belongs to: Maths Profit And Loss
Question #2
The cost price of an article is Rs. 600. If it is sold at a profit of 10%, what is the selling price?
A. Rs. 640
B. Rs. 660
C. Rs. 650
D. Rs. 670

Correct Answer: Option B


Explanation:
SP = 600*1.1 = 660.

This question belongs to: Maths Profit And Loss
Question #3
If the cost price of an article is Rs. 310 and the selling price is Rs. 372, what is the profit percentage?
A. 18%
B. 15%
C. 20%
D. 25%

Correct Answer: Option C


Explanation:
Profit = 62, profit% = 62/310*100 = 20%.

This question belongs to: Maths Profit And Loss