Person A sells an article to B at a 15% profit. B sells it to C at a 20% profit. If C pays Rs. 3450, find the cost price for A. MCQ with Answer and Explanation

Question

Person A sells an article to B at a 15% profit. B sells it to C at a 20% profit. If C pays Rs. 3450, find the cost price for A.

A. Rs. 2200

B. Rs. 2600

C. Rs. 2500

D. Rs. 2400

Answer: Option C

Solution (By JKSSB Mock Tests)

Let A's Cost Price = X. X * 1.15 * 1.20 = 3450. 1.38X = 3450. X = 2500.

This question belongs to: Maths Profit And Loss

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Question #1

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A shopkeeper marks his goods 35% above cost and gives a discount of 20%. What is his profit percent?

A. 10%

B. 12%

C. 15%

D. 8%

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Correct Answer: Option D

Explanation:
Let CP = 100, MP = 135, SP = 135*0.8 = 108, profit = 8%.

This question belongs to: Maths Profit And Loss

Question #2

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A person buys 2 kg of sugar at Rs. 40 per kg and 3 kg at Rs. 50 per kg. He mixes and sells at Rs. 60 per kg. What is his profit percentage?

A. 40%

B. 30%

C. 45%

D. 35%

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Correct Answer: Option A

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Question #3

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A shopkeeper sells a product for Rs. 630, losing 10%. Find the cost price.

A. Rs. 680

B. Rs. 700

C. Rs. 650

D. Rs. 720

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Correct Answer: Option B

Explanation:
SP = 90% of CP => CP = 630 / 0.9 = 700.

This question belongs to: Maths Profit And Loss

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