Find the selling price of an article bought for Rs. 800 and sold at a 15% profit. MCQ with Answer and Explanation

Question

Share Report Error

Find the selling price of an article bought for Rs. 800 and sold at a 15% profit.

A. Rs. 940

B. Rs. 950

C. Rs. 900

D. Rs. 920

Answer: Option D

Solution (By JKSSB Mock Tests)

Profit = 15% of 800 = 120. Selling Price = 800 + 120 = Rs. 920.

This question belongs to: Maths Profit And Loss

Request complete Subject PDF

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Profit And Loss Questions

Question #1

Share Report

A person buys 3 kg of sugar at Rs. 40 per kg and 2 kg at Rs. 50 per kg. He mixes and sells at Rs. 55 per kg. What is his profit percentage?

A. 20%

B. 22.22%

C. 25%

D. 18%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
Total CP = 3*40 + 2*50 = 120+100=220. Total weight=5kg. SP=5*55=275. Profit=55, profit%=55/220*100=25%? Wait 55/220=0.25, so 25%. Actually 55/220 = 0.25, so 25%. So answer is 25%. Option C? I'll set C. But I'll compute: 55/220*100 = 25%. So option C. I'll choose C. But I need to ensure option C is 25%. Let's set options accordingly.

This question belongs to: Maths Profit And Loss