If the cost price of an article is Rs. 720 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. 720 and it is sold at a profit of 25%, what is the selling price?
A. Rs. 900
B. Rs. 920
C. Rs. 880
D. Rs. 850
Answer: Option A
Solution (By JKSSB Mock Tests)
SP = 720 * 1.25 = 900.

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Practice More Profit And Loss Questions

Question #1
A dealer sells a book at a loss of 5%. If the selling price is Rs. 190, what is the cost price?
A. Rs. 195
B. Rs. 185
C. Rs. 210
D. Rs. 200

Correct Answer: Option D


Explanation:
SP = 95% of CP => CP = 190/0.95 = 200.

This question belongs to: Maths Profit And Loss
Question #2
A person bought a chair for Rs. 800 and sold it for Rs. 640. What is the loss percentage?
A. 25%
B. 30%
C. 15%
D. 20%

Correct Answer: Option D


Explanation:
Loss = 160, loss% = 160/800*100 = 20%.

This question belongs to: Maths Profit And Loss
Question #3
A dealer sells a TV for Rs. 13500, losing 10%. Find the cost price.
A. Rs. 14500
B. Rs. 15500
C. Rs. 15000
D. Rs. 14000

Correct Answer: Option C


Explanation:
SP = 90% of CP => CP = 13500 / 0.9 = 15000.

This question belongs to: Maths Profit And Loss