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

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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. 12%

B. 10%

C. 8%

D. 15%

Answer: Option B

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 article is Rs. 300 and it is sold at a loss of 5%, what is the selling price?

A. Rs. 280

B. Rs. 285

C. Rs. 290

D. Rs. 295

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Correct Answer: Option B

Explanation:
Loss = 5% of 300 = 15, SP = 300-15=285.

This question belongs to: Maths Profit And Loss

Question #2

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A dealer sells an article at a loss of 4%. Had he sold it for Rs. 120 more, he would have gained 8%. What is the cost price of the article?

A. Rs. 1200

B. Rs. 1000

C. Rs. 900

D. Rs. 800

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Correct Answer: Option B

Explanation:
The difference between an 8% gain and a 4% loss is 12% of the cost price. So, 12% of CP = 120. CP = (120 * 100) / 12 = Rs. 1000.

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Question #3

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If the cost price of 10 articles is equal to the selling price of 12 articles, find the loss percent.

A. 10%

B. 15%

C. 20%

D. 16.67%

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Correct Answer: Option D

Explanation:
Let CP of 1 = 1, CP of 10 = 10, SP of 12 = 10 => SP of 1 = 10/12 = 0.833, loss = 16.67%.

This question belongs to: Maths Profit And Loss

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