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

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. 594
B. Rs. 610
C. Rs. 580
D. Rs. 600
Answer: Option A
Solution (By JKSSB Mock Tests)
Loss = 10% of 660 = 66, SP = 660 - 66 = 594.

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Practice More Profit And Loss Questions

Question #1
If the selling price of an article is Rs. 160 and the profit is 25%, find the cost price.
A. Rs. 125
B. Rs. 135
C. Rs. 130
D. Rs. 128

Correct Answer: Option D


Explanation:
CP = 160 / 1.25 = 128.

This question belongs to: Maths Profit And Loss
Question #2
The cost price of an article is Rs. 400. If it is sold at a loss of 5%, what is the selling price?
A. Rs. 380
B. Rs. 370
C. Rs. 385
D. Rs. 390

Correct Answer: Option A


Explanation:
Loss = 5% of 400 = 20, SP = 400 - 20 = 380.

This question belongs to: Maths Profit And Loss
Question #3
An article marked at Rs. 1500 is sold for Rs. 1200. What is the discount percentage?
A. 15%
B. 20%
C. 25%
D. 18%

Correct Answer: Option B


Explanation:
Marked Price = 1500. Selling Price = 1200. Discount = 1500 - 1200 = 300. Discount percentage = (300 / 1500) * 100 = 20%.

This question belongs to: Maths Profit And Loss