A vendor sells oranges at Rs. 60 per dozen and makes a profit of 20%. What is the cost price per dozen? MCQ with Answer and Explanation

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A vendor sells oranges at Rs. 60 per dozen and makes a profit of 20%. What is the cost price per dozen?

A. Rs. 48

B. Rs. 50

C. Rs. 45

D. Rs. 52

Answer: Option B

Solution (By JKSSB Mock Tests)

SP = 1.2 CP => CP = 60/1.2 = 50.

This question belongs to: Maths Profit And Loss

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Question #1

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If the selling price of an article is Rs. 384 and the profit is 28%, find the cost price.

A. Rs. 300

B. Rs. 310

C. Rs. 320

D. Rs. 290

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Correct Answer: Option A

Explanation:
CP = 384 / 1.28 = 300.

This question belongs to: Maths Profit And Loss

Question #2

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A shopkeeper bought 12 kg of rice at Rs. 30 per kg and 8 kg at Rs. 40 per kg. He mixed them and sold at Rs. 45 per kg. What is his profit percentage?

A. 20%

B. 25%

C. 15%

D. 30%

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Correct Answer: Option A

This question belongs to: Maths Profit And Loss

Question #3

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A shopkeeper sells a chair for Rs. 800, gaining 25%. Find the cost price.

A. Rs. 680

B. Rs. 640

C. Rs. 660

D. Rs. 620

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Correct Answer: Option B

Explanation:
CP = 800/1.25 = 640.

This question belongs to: Maths Profit And Loss

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