If the cost price of an article is Rs. 540 and it is sold at a profit of 25%, what is the selling price? MCQ with Answer and Explanation

If the cost price of an article is Rs. 540 and it is sold at a profit of 25%, what is the selling price?
A. Rs. 660
B. Rs. 650
C. Rs. 675
D. Rs. 700
Answer: Option C
Solution (By JKSSB Mock Tests)
SP = 540 * 1.25 = 675.

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Practice More Profit And Loss Questions

Question #1
A man sells a watch for Rs. 560, gaining 12%. Find the cost price.
A. Rs. 480
B. Rs. 500
C. Rs. 520
D. Rs. 540

Correct Answer: Option B


Explanation:
CP = 560 / 1.12 = 500.

This question belongs to: Maths Profit And Loss
Question #2
A shopkeeper marks his goods 50% above cost and gives a discount of 15%. What is his profit percent?
A. 25%
B. 27.5%
C. 20%
D. 30%

Correct Answer: Option B


This question belongs to: Maths Profit And Loss
Question #3
If the cost price of an article is Rs. 720 and it is sold at a profit of 25%, what is the selling price?
A. Rs. 850
B. Rs. 880
C. Rs. 920
D. Rs. 900

Correct Answer: Option D


Explanation:
SP = 720 * 1.25 = 900.

This question belongs to: Maths Profit And Loss