If the selling price of an article is Rs. 135 and the profit is 35%, find the cost price. MCQ with Answer and Explanation

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If the selling price of an article is Rs. 135 and the profit is 35%, find the cost price.

A. Rs. 100

B. Rs. 110

C. Rs. 95

D. Rs. 105

Answer: Option A

Solution (By JKSSB Mock Tests)

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

This question belongs to: Maths Profit And Loss

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Question #1

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A person sells an article at a profit of 25%. If the cost price is Rs. 320, what is the selling price?

A. Rs. 380

B. Rs. 400

C. Rs. 360

D. Rs. 420

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Correct Answer: Option B

Explanation:
SP = 320 * 1.25 = 400.

This question belongs to: Maths Profit And Loss

Question #2

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A shopkeeper sells a mobile for Rs. 8000, losing 20%. Find the cost price.

A. Rs. 10400

B. Rs. 9000

C. Rs. 9600

D. Rs. 10000

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Correct Answer: Option D

This question belongs to: Maths Profit And Loss

Question #3

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A dealer allows a discount of 15% on an article and still gains 20%. If the cost price is Rs. 400, find the marked price.

A. Rs. 550

B. Rs. 540

C. Rs. 580

D. Rs. 564.71

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Correct Answer: Option D

Explanation:
SP = 400*1.2 = 480. MP = 480 / 0.85 = 564.71.

This question belongs to: Maths Profit And Loss

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