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

Question

Share Report Error

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

A. 15%

B. 20%

C. 25%

D. 30%

Answer: Option B

Solution (By JKSSB Mock Tests)

Loss = 50, loss% = 50/250*100 = 20%.

This question belongs to: Maths Profit And Loss

Request complete Subject PDF

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Profit And Loss Questions

Question #1

Share Report

If a shopkeeper sells an item at Rs. 360, he gains 20%. Find the cost price.

A. Rs. 340

B. Rs. 300

C. Rs. 320

D. Rs. 280

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
CP = 360/1.2 = 300.

This question belongs to: Maths Profit And Loss

Question #2

Share Report

A shopkeeper marks his goods 25% above cost and gives a discount of 5%. What is his profit percent?

A. 20%

B. 12%

C. 18.75%

D. 15%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
Let CP = 100, MP = 125, SP = 125*0.95 = 118.75, profit = 18.75%.

This question belongs to: Maths Profit And Loss

Question #3

Share Report

If the selling price of an article is Rs. 234 and the profit is 30%, find the cost price.

A. Rs. 190

B. Rs. 180

C. Rs. 170

D. Rs. 200

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
CP = 234 / 1.30 = 180.

This question belongs to: Maths Profit And Loss

Explore All Profit And Loss MCQs