The cost price of 5 pens is equal to the selling price of 4 pens. Find the profit percentage. MCQ with Answer and Explanation

Question

Share Report Error

The cost price of 5 pens is equal to the selling price of 4 pens. Find the profit percentage.

A. 20%

B. 30%

C. 25%

D. 33.33%

Answer: Option C

Solution (By JKSSB Mock Tests)

Let the cost price of 1 pen be CP and selling price of 1 pen be SP. Given 5 * CP = 4 * SP, so SP / CP = 5 / 4. Profit = SP - CP = 5 - 4 = 1 unit. Profit Percentage = (1 / 4) * 100 = 25%.

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 bought 12 kg of rice at Rs. 30 per kg and 8 kg at Rs. 40 per kg. He mixed them and sold at Rs. 45 per kg. What is his profit percentage?

A. 15%

B. 30%

C. 25%

D. 20%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option D

This question belongs to: Maths Profit And Loss

Question #2

Share Report

What is the selling price of an article if its cost price is Rs. 750 and the profit is 8%?

A. Rs. 800

B. Rs. 810

C. Rs. 780

D. Rs. 820

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
SP = 750 * 1.08 = 810.

This question belongs to: Maths Profit And Loss

Question #3

Share Report

A person sells a watch for Rs. 480, gaining 20%. Find the cost price.

A. Rs. 380

B. Rs. 440

C. Rs. 400

D. Rs. 420

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
CP = 480 / 1.20 = 400.

This question belongs to: Maths Profit And Loss

Explore All Profit And Loss MCQs