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. 33.33%

B. 30%

C. 20%

D. 25%

Answer: Option D

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. 270 and the selling price is Rs. 324, what is the profit percentage?

A. 18%

B. 25%

C. 15%

D. 20%

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Correct Answer: Option D

Explanation:
Profit = 54, profit% = 54/270*100=20%.

This question belongs to: Maths Profit And Loss

Question #2

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If the selling price of an article is Rs. 252 and the loss is 16%, find the cost price.

A. Rs. 280

B. Rs. 320

C. Rs. 300

D. Rs. 290

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Correct Answer: Option C

Explanation:
SP = 84% of CP => CP = 252 / 0.84 = 300.

This question belongs to: Maths Profit And Loss

Question #3

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A shopkeeper buys a product for Rs. 360 and sells it for Rs. 432. What is the profit percentage?

A. 15%

B. 18%

C. 20%

D. 25%

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Correct Answer: Option C

Explanation:
Profit = 72, profit% = 72/360*100 = 20%.

This question belongs to: Maths Profit And Loss

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