If the cost price of an article is Rs. 160 and the selling price is Rs. 192, what is the profit percentage? MCQ with Answer and Explanation

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If the cost price of an article is Rs. 160 and the selling price is Rs. 192, what is the profit percentage?

A. 20%

B. 15%

C. 18%

D. 25%

Answer: Option A

Solution (By JKSSB Mock Tests)

Profit = 32, profit% = 32/160*100=20%.

This question belongs to: Maths Profit And Loss

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Question #1

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If the selling price of an article is Rs. 384 and the profit is 28%, find the cost price.

A. Rs. 290

B. Rs. 300

C. Rs. 310

D. Rs. 320

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Correct Answer: Option B

Explanation:
CP = 384 / 1.28 = 300.

This question belongs to: Maths Profit And Loss

Question #2

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Person A sells an article to B at a 15% profit. B sells it to C at a 20% profit. If C pays Rs. 3450, find the cost price for A.

A. Rs. 2400

B. Rs. 2200

C. Rs. 2500

D. Rs. 2600

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Correct Answer: Option C

Explanation:
Let A's Cost Price = X. X * 1.15 * 1.20 = 3450. 1.38X = 3450. X = 2500.

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Question #3

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If the selling price of an article is Rs. 260 and the profit is 30%, what is the cost price?

A. Rs. 190

B. Rs. 210

C. Rs. 200

D. Rs. 220

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Correct Answer: Option C

Explanation:
CP = 260/1.3 = 200.

This question belongs to: Maths Profit And Loss

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