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
If the cost price of 15 articles is equal to the selling price of 12 articles, find the profit percent.
A. 15%
B. 25%
C. 30%
D. 20%
Answer: Option B
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
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Question #1
A person buys a shirt for Rs. 350 and sells it for Rs. 420. What is the profit percentage?
A. 20%
B. 15%
C. 25%
D. 18%
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Correct Answer: Option A

Explanation:
Profit = 70, profit% = 70/350*100 = 20%.
This question belongs to: Maths Profit And Loss
Question #2
A shopkeeper marks his goods at 20% above the cost price and allows a discount of 10%. What is his net profit percentage?
A. 10%
B. 15%
C. 8%
D. 12%
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Correct Answer: Option C

Explanation:
Let Cost Price = 100. Marked Price = 120. Selling Price after 10% discount = 120 * 0.90 = 108. Profit = 108 - 100 = 8. Net profit percentage = 8%.
This question belongs to: Maths Profit And Loss
Question #3
After allowing a discount of 20% on the marked price, a trader makes a profit of 12%. If the goods were sold at the marked price without discount, what would be the profit percentage?
A. 35%
B. 45%
C. 30%
D. 40%
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Correct Answer: Option D

Explanation:
Let Cost Price = 100. Selling Price = 112. Marked Price * 0.80 = 112. Marked Price = 140. Profit at Marked Price = 140 - 100 = 40. Profit percentage = 40%.
This question belongs to: Maths Profit And Loss
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