If the cost price of an article is Rs. 520 and the selling price is Rs. 650, what is the profit percentage? MCQ with Answer and Explanation

Question

Share Report Error

If the cost price of an article is Rs. 520 and the selling price is Rs. 650, what is the profit percentage?

A. 25%

B. 15%

C. 20%

D. 30%

Answer: Option A

Solution (By JKSSB Mock Tests)

The correct answer is Option A. Detailed explanation will be updated soon.

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 the selling price of an article is Rs. 270 and the profit is 35%, find the cost price.

A. Rs. 200

B. Rs. 210

C. Rs. 190

D. Rs. 220

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
CP = 270 / 1.35 = 200.

This question belongs to: Maths Profit And Loss

Question #2

Share Report

A person sells an article at a profit of 25%. If the cost price is Rs. 320, what is the selling price?

A. Rs. 420

B. Rs. 360

C. Rs. 400

D. Rs. 380

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
SP = 320 * 1.25 = 400.

This question belongs to: Maths Profit And Loss

Question #3

Share Report

The marked price is 40% above the cost price. A discount of 20% is given, resulting in a profit of Rs. 48. Find the cost price.

A. Rs. 400

B. Rs. 350

C. Rs. 450

D. Rs. 300

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
Let Cost Price = 100x. Marked Price = 140x. Selling Price = 140x * 0.80 = 112x. Profit = 12x. 12x = 48. x = 4. Cost Price = 100 * 4 = 400.

This question belongs to: Maths Profit And Loss

Explore All Profit And Loss MCQs