If the cost price of an article is Rs. 200 and the selling price is Rs. 250, what is the profit percentage? MCQ with Answer and Explanation

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If the cost price of an article is Rs. 200 and the selling price is Rs. 250, what is the profit percentage?

A. 25%

B. 15%

C. 20%

D. 30%

Answer: Option A

Solution (By JKSSB Mock Tests)

Profit = 50, profit% = 50/200*100 = 25%.

This question belongs to: Maths Profit And Loss

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Question #1

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A shopkeeper sells a radio for Rs. 660, gaining 10%. Find the cost price.

A. Rs. 580

B. Rs. 640

C. Rs. 600

D. Rs. 620

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Correct Answer: Option C

Explanation:
CP = 660/1.1 = 600.

This question belongs to: Maths Profit And Loss

Question #2

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A shopkeeper bought 12 kg of rice at Rs. 30 per kg and 8 kg at Rs. 40 per kg. He mixed them and sold at Rs. 45 per kg. What is his profit percentage?

A. 15%

B. 30%

C. 25%

D. 20%

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Correct Answer: Option D

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Question #3

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A vendor sells oranges at Rs. 60 per dozen and makes a profit of 20%. What is the cost price per dozen?

A. Rs. 50

B. Rs. 52

C. Rs. 48

D. Rs. 45

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Correct Answer: Option A

Explanation:
SP = 1.2 CP => CP = 60/1.2 = 50.

This question belongs to: Maths Profit And Loss

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