Selected MCQ

Current Question
If profit increases from 12% to 19%, the increase is Rs. 1500. Find the cost price.
  • A. Rs. 1505
  • B. Rs. 1510
  • C. Rs. 1500
  • D. Rs. 1490
Correct Answer: C
Explanation:
7% increase corresponds to Rs. 1500.
Related Question 1
If cost price increases by 50% and selling price remains same, profit percent will ____.
  • A. Increase
  • B. Decrease
  • C. Same
  • D. Double
Correct Answer: B
Explanation:
Higher CP reduces profit percentage.
Related Question 2
Mahad sells an article for Rs. 18000. If he gave 10% discount, the profit would be Rs. 15000. Find the cost price.
  • A. Rs. 15000
  • B. Rs. 16200
  • C. Rs. 14700
  • D. Rs. 15900
Correct Answer: A
Explanation:
Reverse profit calculation gives CP = Rs. 15000.
Related Question 3
If the cost price is increased by 20% and selling price remains same, profit percent decreases by ____.
  • A. 20%
  • B. 25%
  • C. 16⅔%
  • D. 10%
Correct Answer: C
Explanation:
An increase in CP reduces the profit percentage by 16⅔%.
Related Question 4
Jameel buys a scooter and sells it at 10% profit. Find the selling price if the cost is Rs. 450.
  • A. Rs. 400
  • B. Rs. 440
  • C. Rs. 500
  • D. Rs. 550
Correct Answer: C
Explanation:
SP = 450 × 1.1 = 495 ≈ 500.
Related Question 5
Profit is 320% of cost. If cost increases by 25% but SP remains the same, the new profit percentage is ____.
  • A. 30%
  • B. 70%
  • C. 100%
  • D. 250%
Correct Answer: B
Explanation:
Adjusted profit reduces to 70%.