If an article is sold at a 200% profit, the ratio of its cost price to its selling price will be: MCQ with Answer and Explanation

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If an article is sold at a 200% profit, the ratio of its cost price to its selling price will be:

A. 3:1

B. 1:2

C. 2:3

D. 1:3

Answer: Option D

Solution (By JKSSB Mock Tests)

Let Cost Price = 100. Profit = 200. Selling Price = 300. Ratio of Cost Price to Selling Price = 100 : 300 = 1 : 3.

This question belongs to: Maths Profit And Loss

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Question #1

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A shopkeeper buys a product for Rs. 400 and sells it for Rs. 480. What is the profit percentage?

A. 20%

B. 25%

C. 18%

D. 15%

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Correct Answer: Option A

Explanation:
Profit = 480 - 400 = 80. Profit% = (80/400)*100 = 20%.

This question belongs to: Maths Profit And Loss

Question #2

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A trader marks his goods 30% above cost and gives a discount of 10%. What is his profit percent?

A. 20%

B. 17%

C. 18%

D. 15%

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Correct Answer: Option B

Explanation:
Let CP = 100, MP = 130, SP = 130*0.9 = 117, profit = 17%.

This question belongs to: Maths Profit And Loss

Question #3

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A dishonest grocer claims to sell his goods at a 10% profit but uses a weight of 800 grams instead of 1 kg. What is his actual profit percentage?

A. 37.5%

B. 35%

C. 40%

D. 30%

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Correct Answer: Option A

Explanation:
Cost Price of 800g = Rs. 800. Selling Price for 1000g claimed at 10% profit = Rs. 1100. Profit = 1100 - 800 = 300. Actual profit percentage = (300 / 800) * 100 = 37.5%.

This question belongs to: Maths Profit And Loss

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