If the cost price of an article is Rs. 660 and it is sold at a loss of 10%, what is the selling price? MCQ with Answer and Explanation

Question

Share Report Error

If the cost price of an article is Rs. 660 and it is sold at a loss of 10%, what is the selling price?

A. Rs. 610

B. Rs. 580

C. Rs. 600

D. Rs. 594

Answer: Option D

Solution (By JKSSB Mock Tests)

Loss = 10% of 660 = 66, SP = 660 - 66 = 594.

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

A shopkeeper buys a bag for Rs. 240 and sells it at a loss of 15%. What is the selling price?

A. Rs. 198

B. Rs. 216

C. Rs. 210

D. Rs. 204

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
Loss = 15% of 240 = 36, SP = 240 - 36 = 204.

This question belongs to: Maths Profit And Loss

Question #2

Share Report

A man buys a shirt for Rs. 400 and sells it for Rs. 480. What is the gain percent?

A. 15%

B. 30%

C. 25%

D. 20%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
Gain = 80, gain% = 80/400*100=20%.

This question belongs to: Maths Profit And Loss

Question #3

Share Report

A shopkeeper allows a discount of 20% on an article marked at Rs. 1500. What is the selling price?

A. Rs. 1300

B. Rs. 1200

C. Rs. 1250

D. Rs. 1150

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
SP = 1500 * 0.8 = 1200.

This question belongs to: Maths Profit And Loss

Explore All Profit And Loss MCQs