Selected MCQ

Current Question
An article is bought for Rs. 600 and sold for Rs. 500. Find the loss percent.
  • A. 16⅔%
  • B. 100/3%
  • C. 16%
  • D. 16⅔%
Correct Answer: D
Explanation:
Loss = 100 → (100/600)×100 = 16⅔%.
Related Question 1
A person sells an article at 10% loss. If he had bought it at 20% less and sold it for Rs. 55 more, he would have gained 40%. Find the cost price.
  • A. Rs. 200
  • B. Rs. 225
  • C. Rs. 250
  • D. None
Correct Answer: C
Explanation:
Solving the Equation gives CP = Rs. 250.
Related Question 2
An article bought at Rs. 675 sold for Rs. 900. Gain percent is ____.
  • A. 16⅔%
  • B. 30%
  • C. 33⅓%
  • D. 33⅙%
Correct Answer: C
Explanation:
Profit/CP ×100.
Related Question 3
If the selling price of 50 articles equals the cost price of 40 articles, find the gain or loss percent.
  • A. 20% loss
  • B. 20% gain
  • C. 25% loss
  • D. 25% gain
Correct Answer: A
Explanation:
CP higher than SP leads to 20% loss.
Related Question 4
A person buys an article and sells it at 10% loss. If he had bought 20% cheaper and sold Rs. 75 less, he would gain 25%. What is CP?
  • A. Rs. 250
  • B. Rs. 225
  • C. Rs. 275
  • D. Rs. 200
Correct Answer: A
Explanation:
Equation solving yields CP = Rs. 250.
Related Question 5
Mahad marks article 15% above CP of Rs. 540 and sells for Rs. 496.80. Find discount percent.
  • A. 18%
  • B. 21%
  • C. 20%
  • D. 19%
Correct Answer: C
Explanation:
Discount brings SP down to Rs. 496.80 → 20%.