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. 15%

B. 30%

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 buys two articles for Rs. 1500 in total. He sells the first at a 20% profit and the second at a 10% loss. If his overall profit is Rs. 90, find the cost price of the first article.

A. Rs. 800

B. Rs. 700

C. Rs. 1000

D. Rs. 900

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Correct Answer: Option A

Explanation:
Let CP of first = x. CP of second = 1500 - x. Profit = 0.20x - 0.10(1500 - x) = 90. 0.30x - 150 = 90. 0.30x = 240. x = 800.

This question belongs to: Maths Profit And Loss

Question #2

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A trader gives a discount of 20% on the marked price and still gains 10%. If the cost price is Rs. 500, find the marked price.

A. Rs. 650

B. Rs. 600

C. Rs. 700

D. Rs. 687.5

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Correct Answer: Option D

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Question #3

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If the selling price of an article is Rs. 330 and the profit is 10%, find the cost price.

A. Rs. 300

B. Rs. 290

C. Rs. 310

D. Rs. 320

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Correct Answer: Option A

Explanation:
CP = 330 / 1.10 = 300.

This question belongs to: Maths Profit And Loss

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