If the selling price of an article is Rs. 156 and the profit is 30%, find the cost price. MCQ with Answer and Explanation

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If the selling price of an article is Rs. 156 and the profit is 30%, find the cost price.

A. Rs. 130

B. Rs. 140

C. Rs. 110

D. Rs. 120

Answer: Option D

Solution (By JKSSB Mock Tests)

CP = 156 / 1.30 = 120.

This question belongs to: Maths Profit And Loss

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Question #1

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A man sells an article at a loss of 10%. If the cost price is Rs. 550, what is the selling price?

A. Rs. 500

B. Rs. 505

C. Rs. 495

D. Rs. 485

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Correct Answer: Option C

Explanation:
Loss = 10% of 550 = 55, SP = 550 - 55 = 495.

This question belongs to: Maths Profit And Loss

Question #2

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A fruit vendor buys 5 apples for Rs. 4 and sells 4 apples for Rs. 5. What is his profit percentage?

A. 50.5%

B. 40%

C. 56.25%

D. 45%

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Correct Answer: Option C

Explanation:
Buy 20 apples for 16. Sell 20 apples for 25. Profit = 25 - 16 = 9. Profit percentage = (9 / 16) * 100 = 56.25%.

This question belongs to: Maths Profit And Loss

Question #3

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If the selling price of an article is Rs. 108 and the profit is 20%, find the cost price.

A. Rs. 100

B. Rs. 85

C. Rs. 95

D. Rs. 90

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Correct Answer: Option D

Explanation:
CP = 108 / 1.20 = 90.

This question belongs to: Maths Profit And Loss

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