If the selling price of an article is Rs. 105 and the loss is 30%, find the cost price. MCQ with Answer and Explanation

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If the selling price of an article is Rs. 105 and the loss is 30%, find the cost price.

A. Rs. 150

B. Rs. 160

C. Rs. 140

D. Rs. 145

Answer: Option A

Solution (By JKSSB Mock Tests)

SP = 70% of CP => CP = 105 / 0.7 = 150.

This question belongs to: Maths Profit And Loss

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Question #1

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A table is sold for Rs. 450 at a loss of 10%. What is the cost price of the table?

A. Rs. 500

B. Rs. 480

C. Rs. 490

D. Rs. 520

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Correct Answer: Option A

Explanation:
Selling Price = 450. Loss = 10%. Cost Price = 450 / 0.90 = 500.

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. 360

B. Rs. 385

C. Rs. 350

D. Rs. 375

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Correct Answer: Option D

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

This question belongs to: Maths Profit And Loss

Question #3

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A dishonest grocer claims to sell his goods at a 10% profit but uses a weight of 800 grams instead of 1 kg. What is his actual profit percentage?

A. 35%

B. 30%

C. 40%

D. 37.5%

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Correct Answer: Option D

Explanation:
Cost Price of 800g = Rs. 800. Selling Price for 1000g claimed at 10% profit = Rs. 1100. Profit = 1100 - 800 = 300. Actual profit percentage = (300 / 800) * 100 = 37.5%.

This question belongs to: Maths Profit And Loss

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