If the selling price of an article is Rs. 340 and the loss is 15%, find the cost price. MCQ with Answer and Explanation

Question

Share Report Error

If the selling price of an article is Rs. 340 and the loss is 15%, find the cost price.

A. Rs. 390

B. Rs. 380

C. Rs. 400

D. Rs. 410

Answer: Option C

Solution (By JKSSB Mock Tests)

SP = 85% of CP => CP = 340 / 0.85 = 400.

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 selling price of an article is Rs. 405 and the profit is 35%, find the cost price.

A. Rs. 290

B. Rs. 310

C. Rs. 300

D. Rs. 320

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
CP = 405 / 1.35 = 300.

This question belongs to: Maths Profit And Loss

Question #2

Share Report

If the selling price of an article is Rs. 224 and the loss is 20%, find the cost price.

A. Rs. 260

B. Rs. 290

C. Rs. 280

D. Rs. 270

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option C

This question belongs to: Maths Profit And Loss

Question #3

Share Report

A vendor buys lemons at 5 for Rs. 14 and sells them at 3 for Rs. 12. Find the profit percentage.

A. 60%

B. 33.33%

C. 42.85%

D. 50%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
CP of 15 lemons = 14 * 3 = 42. SP of 15 lemons = 12 * 5 = 60. Profit = 18. Profit % = (18 / 42) * 100 = (3/7) * 100 = 42.85%.

This question belongs to: Maths Profit And Loss

Explore All Profit And Loss MCQs