If the cost price of 12 articles is equal to the selling price of 15 articles, find the loss percent. MCQ with Answer and Explanation

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If the cost price of 12 articles is equal to the selling price of 15 articles, find the loss percent.

A. 20%

B. 25%

C. 10%

D. 15%

Answer: Option A

Solution (By JKSSB Mock Tests)

Let CP of 1 = 1, CP of 12 = 12, SP of 15 = 12 => SP of 1 = 12/15 = 0.8, loss = 20%.

This question belongs to: Maths Profit And Loss

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Question #1

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A shopkeeper sells a bag for Rs. 600, losing 25%. Find the cost price.

A. Rs. 800

B. Rs. 750

C. Rs. 780

D. Rs. 850

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Correct Answer: Option A

Explanation:
SP = 75% of CP => CP = 600 / 0.75 = 800.

This question belongs to: Maths Profit And Loss

Question #2

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If the selling price of an article is Rs. 312 and the profit is 20%, find the cost price.

A. Rs. 280

B. Rs. 250

C. Rs. 260

D. Rs. 270

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Correct Answer: Option C

Explanation:
CP = 312 / 1.20 = 260.

This question belongs to: Maths Profit And Loss

Question #3

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If the selling price of an article is Rs. 195 and the profit is 30%, find the cost price.

A. Rs. 160

B. Rs. 170

C. Rs. 140

D. Rs. 150

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Correct Answer: Option D

Explanation:
CP = 195 / 1.30 = 150.

This question belongs to: Maths Profit And Loss

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