If the selling price of an article is Rs. 110 and the loss is 15%, find the cost price. MCQ with Answer and Explanation

Question

Share Report Error

If the selling price of an article is Rs. 110 and the loss is 15%, find the cost price.

A. Rs. 125

B. Rs. 120

C. Rs. 130

D. Rs. 129.41

Answer: Option D

Solution (By JKSSB Mock Tests)

The correct answer is Option D. Detailed explanation will be updated soon.

This question belongs to: Maths Profit And Loss

Request complete Subject PDF

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Profit And Loss Questions

Question #1

A man buys a bag for Rs. 300 and sells it for Rs. 360. What is the gain percent?

A. 25%

B. 30%

C. 15%

D. 20%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
Gain = 60, gain% = 60/300*100 = 20%.

This question belongs to: Maths Profit And Loss

Question #2

A man sells a book for Rs. 220, losing 12%. What is the cost price?

A. Rs. 260

B. Rs. 250

C. Rs. 240

D. Rs. 230

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
SP = 88% of CP => CP = 220 / 0.88 = 250.

This question belongs to: Maths Profit And Loss

Question #3

A man buys 10 articles for Rs. 8 and sells 8 articles for Rs. 10. Find the profit percentage.

A. 60%

B. 50%

C. 56.25%

D. 45%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option C

This question belongs to: Maths Profit And Loss

Explore All Profit And Loss MCQs