If a man sells an article at a gain of 15%, he gets Rs. 45 more than when he sells at a loss of 10%. Find the cost price. MCQ with Answer and Explanation

Question

If a man sells an article at a gain of 15%, he gets Rs. 45 more than when he sells at a loss of 10%. Find the cost price.

A. Rs. 160

B. Rs. 180

C. Rs. 200

D. Rs. 220

Answer: Option B

Solution (By JKSSB Mock Tests)

Let CP = x. 1.15x - 0.9x = 45 => 0.25x = 45 => x = 180.

This question belongs to: Maths Profit And Loss

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Question #1

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A shopkeeper buys a commodity at Rs. 360 and sells it at Rs. 432. What is the profit percentage?

A. 20%

B. 15%

C. 25%

D. 18%

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Correct Answer: Option A

Explanation:
Profit = 72, profit% = 72/360*100=20%.

This question belongs to: Maths Profit And Loss

Question #2

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A shopkeeper sells a product for Rs. 1080, gaining 20%. Find the cost price.

A. Rs. 900

B. Rs. 880

C. Rs. 950

D. Rs. 920

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Correct Answer: Option A

Explanation:
CP = 1080 / 1.20 = 900.

This question belongs to: Maths Profit And Loss

Question #3

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A vendor buys lemons at 5 for Rs. 14 and sells them at 3 for Rs. 12. Find the profit percentage.

A. 60%

B. 50%

C. 33.33%

D. 42.85%

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Correct Answer: Option D

Explanation:
CP of 15 lemons = 14 * 3 = 42. SP of 15 lemons = 12 * 5 = 60. Profit = 18. Profit % = (18 / 42) * 100 = (3/7) * 100 = 42.85%.

This question belongs to: Maths Profit And Loss

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