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

Question

Share Report Error

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

A. 30%

B. 20%

C. 15%

D. 25%

Answer: Option D

Solution (By JKSSB Mock Tests)

Let CP of 1 = 1, CP of 15 =15, SP of 12 =15 => SP of 1 =15/12=1.25. Profit =25%.

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 dealer marks his goods 50% above cost price and gives a discount of 20%. What is his gain percent?

A. 25%

B. 20%

C. 30%

D. 15%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
Let CP=100, MP=150, SP=150*0.8=120, gain=20%.

This question belongs to: Maths Profit And Loss

Question #2

Share Report

A trader marks his goods such that after allowing a 16.66% discount, he earns a profit of 25%. What is the ratio of Cost Price to Marked Price?

A. 4:5

B. 2:3

C. 5:6

D. 3:4

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
Discount = 1/6 of MP. Selling Price = (5/6) * MP. Profit = 25% = 1/4 of CP. Selling Price = (5/4) * CP. (5/6) * MP = (5/4) * CP. CP / MP = (5/6) / (5/4) = 4/6 = 2/3.

This question belongs to: Maths Profit And Loss

Question #3

Share Report

A shopkeeper sells a watch for Rs. 1980, losing 10%. Find the cost price.

A. Rs. 2000

B. Rs. 2300

C. Rs. 2200

D. Rs. 2100

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
CP = 1980/0.9 = 2200.

This question belongs to: Maths Profit And Loss

Explore All Profit And Loss MCQs