The cost price of an article is Rs. 600. If it is sold at a profit of 10%, what is the selling price? MCQ with Answer and Explanation

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The cost price of an article is Rs. 600. If it is sold at a profit of 10%, what is the selling price?

A. Rs. 670

B. Rs. 650

C. Rs. 640

D. Rs. 660

Answer: Option D

Solution (By JKSSB Mock Tests)

SP = 600*1.1 = 660.

This question belongs to: Maths Profit And Loss

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Question #1

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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. 820

C. Rs. 780

D. Rs. 810

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Correct Answer: Option D

Explanation:
SP = 750 * 1.08 = 810.

This question belongs to: Maths Profit And Loss

Question #2

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A dealer marks his goods 30% above cost and gives a discount of 10%. What is his profit percent?

A. 15%

B. 18%

C. 17%

D. 20%

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Correct Answer: Option C

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Question #3

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If the cost price of an article is Rs. 560 and it is sold at a profit of 12.5%, what is the selling price?

A. Rs. 650

B. Rs. 640

C. Rs. 620

D. Rs. 630

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Correct Answer: Option D

Explanation:
SP = 560 * 1.125 = 630.

This question belongs to: Maths Profit And Loss

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