If the selling price of an article is Rs. 450, there is a loss of 10%. What is the cost price? MCQ with Answer and Explanation

Question

Share Report Error

If the selling price of an article is Rs. 450, there is a loss of 10%. What is the cost price?

A. Rs. 460

B. Rs. 520

C. Rs. 500

D. Rs. 480

Answer: Option C

Solution (By JKSSB Mock Tests)

CP = 450/0.9 = 500.

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

A shopkeeper sells a watch for Rs. 780, gaining 30%. Find the cost price.

A. Rs. 580

B. Rs. 640

C. Rs. 600

D. Rs. 620

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
CP = 780 / 1.30 = 600.

This question belongs to: Maths Profit And Loss

Question #2

Share Report

If the selling price of an article is Rs. 135 and the profit is 35%, find the cost price.

A. Rs. 100

B. Rs. 95

C. Rs. 105

D. Rs. 110

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

This question belongs to: Maths Profit And Loss

Question #3

Share Report

The marked price of an article is Rs. 5000. A shopkeeper gives two successive discounts of x% and 20%. If the customer pays Rs. 3400, find the value of x.

A. 15

B. 12

C. 18

D. 10

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
Price after 20% discount = 5000 * 0.80 = 4000. Further discount given = 4000 - 3400 = 600. Discount percentage x = (600 / 4000) * 100 = 15%.

This question belongs to: Maths Profit And Loss

Explore All Profit And Loss MCQs