If the selling price of an article is Rs. 330 and the profit is 10%, find the cost price. MCQ with Answer and Explanation

Question

Share Report Error

If the selling price of an article is Rs. 330 and the profit is 10%, find the cost price.

A. Rs. 310

B. Rs. 290

C. Rs. 300

D. Rs. 320

Answer: Option C

Solution (By JKSSB Mock Tests)

CP = 330 / 1.10 = 300.

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

Share Report

If the cost price of 5 articles is equal to the selling price of 4 articles, find the gain percent.

A. 30%

B. 25%

C. 20%

D. 15%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
Let CP of 1 = 1, CP of 5 = 5, SP of 4 = 5 => SP of 1 = 5/4 = 1.25, gain = 25%.

This question belongs to: Maths Profit And Loss

Question #2

Share Report

A man sells a watch for Rs. 650, gaining 30%. Find the cost price.

A. Rs. 550

B. Rs. 480

C. Rs. 500

D. Rs. 520

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
CP = 650 / 1.30 = 500.

This question belongs to: Maths Profit And Loss

Question #3

Share Report

A shopkeeper sells a shirt at Rs. 880, gaining 10%. Find the cost price.

A. Rs. 820

B. Rs. 780

C. Rs. 840

D. Rs. 800

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
CP = 880/1.1 = 800.

This question belongs to: Maths Profit And Loss

Explore All Profit And Loss MCQs