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

Question

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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. 10%

D. 8%

Answer: Option C

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%.

This question belongs to: Maths Profit And Loss

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Question #1

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If the cost price of an item is Rs. 560 and it is sold at a profit of 15%, what is the selling price?

A. Rs. 644

B. Rs. 660

C. Rs. 650

D. Rs. 640

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Correct Answer: Option A

Explanation:
SP = 560*1.15 = 644.

This question belongs to: Maths Profit And Loss

Question #2

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If the cost price of an article is Rs. 240 and the selling price is Rs. 288, what is the profit percentage?

A. 18%

B. 25%

C. 20%

D. 15%

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Correct Answer: Option C

Explanation:
Profit = 48, profit% = 48/240*100 = 20%.

This question belongs to: Maths Profit And Loss

Question #3

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A man sells an article for Rs. 264, gaining 20%. What is the cost price?

A. Rs. 210

B. Rs. 230

C. Rs. 220

D. Rs. 240

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Correct Answer: Option C

Explanation:
CP = 264 / 1.20 = 220.

This question belongs to: Maths Profit And Loss

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