If the selling price of an article is Rs. 450 and the profit is 12.5%, find the cost price. MCQ with Answer and Explanation

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If the selling price of an article is Rs. 450 and the profit is 12.5%, find the cost price.

A. Rs. 380

B. Rs. 420

C. Rs. 410

D. Rs. 400

Answer: Option D

Solution (By JKSSB Mock Tests)

CP = 450/1.125 = 400.

This question belongs to: Maths Profit And Loss

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Question #1

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By selling 36 oranges, a vendor suffers a loss equal to the selling price of 4 oranges. Find his loss percentage.

A. 10%

B. 12.5%

C. 9.09%

D. 11.11%

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Correct Answer: Option A

Explanation:
Loss = Cost Price of 36 - Selling Price of 36. Loss = Selling Price of 4. Selling Price of 4 = Cost Price of 36 - Selling Price of 36. 40 * Selling Price = 36 * Cost Price. Selling Price / Cost Price = 36 / 40 = 9 / 10. Loss percentage = 10%.

This question belongs to: Maths Profit And Loss