If the cost price of 9 articles is equal to the selling price of 11 articles, find the loss percent. MCQ with Answer and Explanation

If the cost price of 9 articles is equal to the selling price of 11 articles, find the loss percent.
A. 20%
B. 18.18%
C. 15%
D. 12%
Answer: Option B
Solution (By JKSSB Mock Tests)
Let CP of 1 = 1, CP of 9 = 9, SP of 11 = 9 => SP of 1 = 9/11 = 0.818, loss = (1-0.818)*100 = 18.18%.

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Practice More Profit And Loss Questions

Question #1
The marked price of a machine is Rs. 3200. Two successive discounts are offered, the first being 10%. If the final selling price is Rs. 2448, find the second discount percentage.
A. 18%
B. 20%
C. 15%
D. 12%

Correct Answer: Option C


Explanation:
Price after first discount = 3200 * 0.90 = 2880. Second discount amount = 2880 - 2448 = 432. Second discount percentage = (432 / 2880) * 100 = 15%.

This question belongs to: Maths Profit And Loss
Question #2
A shopkeeper sells a chair for Rs. 540, gaining 8%. Find the cost price.
A. Rs. 540
B. Rs. 500
C. Rs. 520
D. Rs. 480

Correct Answer: Option B


Explanation:
CP = 540 / 1.08 = 500.

This question belongs to: Maths Profit And Loss
Question #3
A trader allows a discount of 20% on an article and still gains 20%. If the marked price is Rs. 1200, find the cost price.
A. Rs. 850
B. Rs. 900
C. Rs. 800
D. Rs. 750

Correct Answer: Option C


This question belongs to: Maths Profit And Loss