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

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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. 600

C. Rs. 594

D. Rs. 580

Answer: Option C

Solution (By JKSSB Mock Tests)

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

This question belongs to: Maths Profit And Loss

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Question #1

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If the selling price of an article is Rs. 504 and the profit is 12%, find the cost price.

A. Rs. 440

B. Rs. 450

C. Rs. 470

D. Rs. 460

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Correct Answer: Option B

Explanation:
CP = 504 / 1.12 = 450.

This question belongs to: Maths Profit And Loss

Question #2

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A sells a bicycle to B at a 20% profit. B sells it to C at a 25% profit. If C pays Rs. 1500, what did A pay for it?

A. Rs. 1000

B. Rs. 900

C. Rs. 1100

D. Rs. 1200

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Correct Answer: Option A

Explanation:
Let A's Cost Price = X. X * 1.20 * 1.25 = 1500. 1.50 * X = 1500. X = 1000.

This question belongs to: Maths Profit And Loss

Question #3

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A shopkeeper sells an item at Rs. 180, losing 10%. What is the cost price?

A. Rs. 210

B. Rs. 185

C. Rs. 190

D. Rs. 200

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Correct Answer: Option D

Explanation:
CP = 180/0.9 = 200.

This question belongs to: Maths Profit And Loss

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