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

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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. 780

B. Rs. 810

C. Rs. 800

D. Rs. 820

Answer: Option B

Solution (By JKSSB Mock Tests)

SP = 750 * 1.08 = 810.

This question belongs to: Maths Profit And Loss

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Question #1

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If the marked price of an article is Rs. 800 and it is sold at a discount of 15%, what is the selling price?

A. Rs. 680

B. Rs. 640

C. Rs. 720

D. Rs. 760

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Correct Answer: Option A

Explanation:
SP = 800 * (1 - 0.15) = 800 * 0.85 = 680.

This question belongs to: Maths Profit And Loss

Question #2

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A dealer sells a product for Rs. 680, gaining 36%. Find the cost price.

A. Rs. 500

B. Rs. 480

C. Rs. 520

D. Rs. 540

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Correct Answer: Option A

Explanation:
CP = 680 / 1.36 = 500.

This question belongs to: Maths Profit And Loss

Question #3

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A man sells an article for Rs. 840, gaining 5%. Find the cost price.

A. Rs. 780

B. Rs. 810

C. Rs. 800

D. Rs. 820

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Correct Answer: Option C

Explanation:
CP = 840 / 1.05 = 800.

This question belongs to: Maths Profit And Loss

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