If the selling price of an article is Rs. 150 and the loss is 25%, what is the cost price? MCQ with Answer and Explanation

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If the selling price of an article is Rs. 150 and the loss is 25%, what is the cost price?

A. Rs. 180

B. Rs. 220

C. Rs. 190

D. Rs. 200

Answer: Option D

Solution (By JKSSB Mock Tests)

CP = 150/0.75 = 200.

This question belongs to: Maths Profit And Loss

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Question #1

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If the cost price of an article is Rs. 200 and the selling price is Rs. 240, what is the profit percentage?

A. 30%

B. 25%

C. 20%

D. 15%

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Correct Answer: Option C

Explanation:
Profit = 40, profit% = 40/200*100=20%.

This question belongs to: Maths Profit And Loss

Question #2

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A tradesman marks his goods 25% above the cost price and allows a 10% discount for cash payment. If he earns a profit of Rs. 50, what is the cost price?

A. Rs. 350

B. Rs. 400

C. Rs. 450

D. Rs. 380

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Correct Answer: Option B

Explanation:
Let Cost Price = 100x. Marked Price = 125x. Selling Price = 125x * 0.90 = 112.5x. Profit = 12.5x. 12.5x = 50. x = 4. Cost Price = 100 * 4 = 400.

This question belongs to: Maths Profit And Loss