If the cost price of 9 articles is equal to the selling price of 10 articles, find the loss percent. MCQ with Answer and Explanation

If the cost price of 9 articles is equal to the selling price of 10 articles, find the loss percent.
A. 15%
B. 12%
C. 8%
D. 10%
Answer: Option D
Solution (By JKSSB Mock Tests)
Let CP of 1 = 1, CP of 9 = 9, SP of 10 = 9 => SP of 1 = 9/10 = 0.9, loss = 10%.

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Practice More Profit And Loss Questions

Question #1
A person sells an article at Rs. 275, gaining 10%. What is the cost price?
A. Rs. 255
B. Rs. 240
C. Rs. 250
D. Rs. 260

Correct Answer: Option C


Explanation:
CP = 275/1.1 = 250.

This question belongs to: Maths Profit And Loss
Question #2
A shopkeeper sells a shirt for Rs. 800, making a profit of 25%. What is the cost price?
A. Rs. 640
B. Rs. 620
C. Rs. 660
D. Rs. 680

Correct Answer: Option A


Explanation:
CP = 800/1.25 = 640.

This question belongs to: Maths Profit And Loss
Question #3
A shopkeeper buys a product for Rs. 450 and sells it at a loss of 8%. What is the selling price?
A. Rs. 400
B. Rs. 420
C. Rs. 430
D. Rs. 414

Correct Answer: Option D


Explanation:
Loss = 8% of 450 = 36, SP = 450 - 36 = 414.

This question belongs to: Maths Profit And Loss