If the cost price of 5 articles is equal to the selling price of 6 articles, find the loss percent. MCQ with Answer and Explanation

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If the cost price of 5 articles is equal to the selling price of 6 articles, find the loss percent.

A. 20%

B. 15%

C. 16.67%

D. 10%

Answer: Option C

Solution (By JKSSB Mock Tests)

Let CP of 1 = 1, CP of 5 = 5, SP of 6 = 5 => SP of 1 = 5/6 = 0.833, loss = 16.67%.

This question belongs to: Maths Profit And Loss

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Question #1

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If the cost price of an article is Rs. 270 and the selling price is Rs. 324, what is the profit percentage?

A. 20%

B. 25%

C. 18%

D. 15%

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Correct Answer: Option A

Explanation:
Profit = 54, profit% = 54/270*100=20%.

This question belongs to: Maths Profit And Loss

Question #2

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A shopkeeper sells a T-shirt for Rs. 660, gaining 10%. Find the cost price.

A. Rs. 580

B. Rs. 600

C. Rs. 640

D. Rs. 620

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Correct Answer: Option B

Explanation:
CP = 660/1.1 = 600.

This question belongs to: Maths Profit And Loss

Question #3

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A shopkeeper sells a product for Rs. 960, gaining 20%. Find the cost price.

A. Rs. 820

B. Rs. 840

C. Rs. 780

D. Rs. 800

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Correct Answer: Option D

Explanation:
CP = 960 / 1.20 = 800.

This question belongs to: Maths Profit And Loss

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