The cost price of 15 pens is equal to the selling price of 12 pens. What is the profit percentage? MCQ with Answer and Explanation

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The cost price of 15 pens is equal to the selling price of 12 pens. What is the profit percentage?

A. 30%

B. 33.33%

C. 25%

D. 20%

Answer: Option C

Solution (By JKSSB Mock Tests)

Let CP of 1 pen = 1. CP of 12 pens = 12. SP of 12 pens = CP of 15 pens = 15. Profit = 15 - 12 = 3. Profit percentage = (3 / 12) * 100 = 25%.

This question belongs to: Maths Profit And Loss

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Question #1

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If the cost price of an article is Rs. 450 and the selling price is Rs. 405, what is the loss percentage?

A. 12%

B. 8%

C. 10%

D. 15%

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Correct Answer: Option C

Explanation:
Loss = 45, loss% = 45/450*100=10%.

This question belongs to: Maths Profit And Loss

Question #2

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The profit earned by selling an article for Rs. 900 is double the loss incurred when the same article is sold for Rs. 450. At what price should it be sold to make a 25% profit?

A. Rs. 800

B. Rs. 900

C. Rs. 600

D. Rs. 750

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Correct Answer: Option D

Explanation:
Let the cost price be CP. Profit = 900 - CP. Loss = CP - 450. Given: 900 - CP = 2 * (CP - 450). 900 - CP = 2CP - 900. 3CP = 1800, so CP = 600. For a 25% profit, Selling price = 1.25 * 600 = Rs. 750.

This question belongs to: Maths Profit And Loss