A TV is sold for Rs. 14400 at a loss of 10%. To gain 10%, at what price should it be sold? MCQ with Answer and Explanation

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A TV is sold for Rs. 14400 at a loss of 10%. To gain 10%, at what price should it be sold?

A. Rs. 17600

B. Rs. 17200

C. Rs. 16000

D. Rs. 18000

Answer: Option A

Solution (By JKSSB Mock Tests)

0.9 * CP = 14400. CP = 16000. For 10% gain, SP = 1.1 * 16000 = Rs. 17600.

This question belongs to: Maths Profit And Loss

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Question #1

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A person buys a toy for Rs. 150 and sells it for Rs. 180. What is the profit percentage?

A. 20%

B. 25%

C. 18%

D. 15%

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Correct Answer: Option A

Explanation:
Profit = 30, profit% = 30/150*100 = 20%.

This question belongs to: Maths Profit And Loss

Question #2

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A dealer sells a book at a loss of 5%. If the selling price is Rs. 190, what is the cost price?

A. Rs. 185

B. Rs. 210

C. Rs. 200

D. Rs. 195

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Correct Answer: Option C

Explanation:
SP = 95% of CP => CP = 190/0.95 = 200.

This question belongs to: Maths Profit And Loss

Question #3

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A dealer gives a discount of 10% on the marked price and still gains 15%. If the marked price is Rs. 800, find the cost price.

A. Rs. 640

B. Rs. 600

C. Rs. 650

D. Rs. 626.09

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Correct Answer: Option D

Explanation:
SP = 800*0.9 = 720. CP = 720 / 1.15 = 626.09.

This question belongs to: Maths Profit And Loss

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