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. 120

B. Rs. 110

C. Rs. 140

D. Rs. 130

Answer: Option A

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 shopkeeper gives a discount of 20% on an article marked at Rs. 400. What is the selling price?

A. Rs. 360

B. Rs. 340

C. Rs. 300

D. Rs. 320

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Correct Answer: Option D

Explanation:
SP = 400*0.8 = 320.

This question belongs to: Maths Profit And Loss

Question #2

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A shopkeeper sells a watch for Rs. 1980, losing 10%. Find the cost price.

A. Rs. 2000

B. Rs. 2100

C. Rs. 2200

D. Rs. 2300

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Correct Answer: Option C

Explanation:
CP = 1980/0.9 = 2200.

This question belongs to: Maths Profit And Loss

Question #3

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A person sells a book for Rs. 190, losing 5%. Find the cost price.

A. Rs. 205

B. Rs. 195

C. Rs. 210

D. Rs. 200

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Correct Answer: Option D

Explanation:
SP = 95% of CP => CP = 190 / 0.95 = 200.

This question belongs to: Maths Profit And Loss

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