If the cost price of an article is Rs. 390 and the selling price is Rs. 468, what is the profit percentage? MCQ with Answer and Explanation

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If the cost price of an article is Rs. 390 and the selling price is Rs. 468, what is the profit percentage?

A. 15%

B. 20%

C. 18%

D. 25%

Answer: Option B

Solution (By JKSSB Mock Tests)

Profit = 78, profit% = 78/390*100 = 20%.

This question belongs to: Maths Profit And Loss

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Question #1

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A trader marks his goods 30% above cost and gives a discount of 20%. What is his profit percent?

A. 6%

B. 8%

C. 10%

D. 4%

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Correct Answer: Option D

Explanation:
Let CP = 100, MP = 130, SP = 130*0.8 = 104, profit = 4%.

This question belongs to: Maths Profit And Loss

Question #2

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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. 18%

B. 20%

C. 15%

D. 25%

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Correct Answer: Option B

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

This question belongs to: Maths Profit And Loss

Question #3

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An article was sold at a 10% profit. Had it been sold for Rs. 60 more, the profit would have been 15%. Find the cost price of the article.

A. Rs. 1500

B. Rs. 1000

C. Rs. 1100

D. Rs. 1200

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Correct Answer: Option D

Explanation:
The difference in profit percentage is 15% - 10% = 5%. 5% of the Cost Price equals Rs. 60. Cost Price = (60 / 5) * 100 = Rs. 1200.

This question belongs to: Maths Profit And Loss

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