If the cost price of 5 articles is equal to the selling price of 4 articles, find the gain percent. MCQ with Answer and Explanation

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If the cost price of 5 articles is equal to the selling price of 4 articles, find the gain percent.

A. 30%

B. 15%

C. 25%

D. 20%

Answer: Option C

Solution (By JKSSB Mock Tests)

Let CP of 1 = 1, CP of 5 = 5, SP of 4 = 5 => SP of 1 = 5/4 = 1.25, gain = 25%.

This question belongs to: Maths Profit And Loss

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Question #1

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A shopkeeper sells a product for Rs. 855, gaining 12.5%. Find the cost price.

A. Rs. 760

B. Rs. 780

C. Rs. 800

D. Rs. 740

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Correct Answer: Option A

This question belongs to: Maths Profit And Loss

Question #2

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A shopkeeper sells a shirt for Rs. 720, gaining 20%. What is the cost price?

A. Rs. 560

B. Rs. 600

C. Rs. 640

D. Rs. 680

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Correct Answer: Option B

Explanation:
CP = 720 / 1.20 = 600.

This question belongs to: Maths Profit And Loss

Question #3

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Ravi sold an item for Rs. 4600 and incurred a loss. Had he sold it for Rs. 5800, his profit would have been double the loss. Find the cost price.

A. Rs. 5400

B. Rs. 5000

C. Rs. 5200

D. Rs. 4800

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Correct Answer: Option B

Explanation:
Let CP be x. Loss = x - 4600. Profit = 5800 - x. Given: 5800 - x = 2 * (x - 4600). 5800 - x = 2x - 9200. 3x = 15000. x = 5000.

This question belongs to: Maths Profit And Loss

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