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. 180
B. Rs. 200
C. Rs. 150
D. Rs. 160
Answer: Option D
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 person sells an article at a loss of 8%. If the selling price is Rs. 460, find the cost price.
A. Rs. 500
B. Rs. 480
C. Rs. 520
D. Rs. 490

Correct Answer: Option A


Explanation:
SP = 92% of CP => CP = 460 / 0.92 = 500.

This question belongs to: Maths Profit And Loss
Question #2
A man buys an article at a 20% discount on its marked price and sells it at its marked price. What is his profit percentage?
A. 30%
B. 25%
C. 20%
D. 33.33%

Correct Answer: Option B


Explanation:
Let Marked Price = 100. Cost Price = 80. Selling Price = 100. Profit = 20. Profit percentage = (20 / 80) * 100 = 25%.

This question belongs to: Maths Profit And Loss
Question #3
A trader allows a discount of 15% on the marked price and still gains 10%. If the cost price is Rs. 400, find the marked price.
A. Rs. 510
B. Rs. 517.65
C. Rs. 530
D. Rs. 500

Correct Answer: Option B


Explanation:
SP = 400*1.1 = 440. MP = 440 / 0.85 = 517.65.

This question belongs to: Maths Profit And Loss