If the cost price of 12 articles is equal to the selling price of 10 articles, what is the profit percent? MCQ with Answer and Explanation

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If the cost price of 12 articles is equal to the selling price of 10 articles, what is the profit percent?

A. 25%

B. 20%

C. 18%

D. 15%

Answer: Option B

Solution (By JKSSB Mock Tests)

Let CP of 1 article = Re.1. CP of 12 = 12, SP of 10 = 12 → SP of 1 = 1.2, profit% = 20%.

This question belongs to: Maths Percentage

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Practice More Percentage Questions

Question #1

Convert the fraction 3/8 into a percentage.

A. 35%

B. 40%

C. 37.5%

D. 33.33%

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Correct Answer: Option C

Explanation:
(3 / 8) * 100% = 37.5%.

This question belongs to: Maths Percentage

Question #2

The population of a town increases by 8% annually. If its present population is 2,33,280, what was it 2 years ago?

A. 2,00,000

B. 2,10,000

C. 1,80,000

D. 1,90,000

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Correct Answer: Option A

Explanation:
Pop 2 yrs ago = 233280 / (1.08)² = 233280 / 1.1664 = 200000.

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Question #3

A's income is 40% more than B's, and B's income is 25% less than C's. If C's income is Rs. 8000, A's income is:

A. Rs. 9600

B. Rs. 8400

C. Rs. 9000

D. Rs. 7000

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Correct Answer: Option B

Explanation:
B = 0.75×8000=6000, A = 1.4×6000=8400.

This question belongs to: Maths Percentage

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