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. 16.67%

B. 10%

C. 15%

D. 20%

Answer: Option A

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. 400 and the selling price is Rs. 500, what is the profit percentage?

A. 20%

B. 15%

C. 25%

D. 30%

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Correct Answer: Option C

Explanation:
Profit = 100, profit% = 100/400*100=25%.

This question belongs to: Maths Profit And Loss

Question #2

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A person buys a shirt for Rs. 350 and sells it for Rs. 420. What is the profit percentage?

A. 18%

B. 25%

C. 20%

D. 15%

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Correct Answer: Option C

Explanation:
Profit = 70, profit% = 70/350*100 = 20%.

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Question #3

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

A. 25%

B. 20%

C. 10%

D. 15%

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Correct Answer: Option B

Explanation:
Let CP of 1 = 1, CP of 12 = 12, SP of 15 = 12 => SP of 1 = 12/15 = 0.8, loss = 20%.

This question belongs to: Maths Profit And Loss

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