If the selling price of 10 articles is equal to the cost price of 11 articles, find the gain percent. MCQ with Answer and Explanation

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If the selling price of 10 articles is equal to the cost price of 11 articles, find the gain percent.

A. 11%

B. 10%

C. 9%

D. 12%

Answer: Option B

Solution (By JKSSB Mock Tests)

Let CP of 1 = 1, CP of 11 = 11, SP of 10 = 11 => SP of 1 = 1.1, gain = 10%.

This question belongs to: Maths Profit And Loss

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Question #1

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A shopkeeper sells a shirt for Rs. 720, losing 10%. What is the cost price?

A. Rs. 780

B. Rs. 800

C. Rs. 820

D. Rs. 850

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Correct Answer: Option B

Explanation:
CP = 720/0.9 = 800.

This question belongs to: Maths Profit And Loss

Question #2

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A dealer sells a book for Rs. 330, losing 12%. Find the cost price.

A. Rs. 385

B. Rs. 375

C. Rs. 350

D. Rs. 360

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Correct Answer: Option B

Explanation:
SP = 88% of CP => CP = 330 / 0.88 = 375.

This question belongs to: Maths Profit And Loss

Question #3

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If an article is sold at Rs. 216, there is a profit of 8%. Find the cost price.

A. Rs. 210

B. Rs. 190

C. Rs. 200

D. Rs. 208

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Correct Answer: Option C

Explanation:
CP = 216/1.08 = 200.

This question belongs to: Maths Profit And Loss

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