Selected MCQ

Current Question
A sells goods 50% cheaper than B but 50% costlier than C. Who is the cheapest?
  • A. A
  • B. B
  • C. C
  • D. All equal
Correct Answer: C
Explanation:
Comparing ratios shows C is lowest.
Related Question 1
A shopkeeper sells goods worth Rs. 25000 at 20% profit and the rest at 10% loss. Find the total cost price.
  • A. Rs. 25000
  • B. Rs. 20000
  • C. Rs. 15000
  • D. Rs. 22000
Correct Answer: B
Explanation:
Net adjustment gives a total CP of Rs. 20000.
Related Question 2
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 3
A merchant sells goods for Rs. 75 with a profit equal to the cost price. What is the cost price?
  • A. Rs. 40
  • B. Rs. 50
  • C. Rs. 60
  • D. Rs. 70
Correct Answer: B
Explanation:
Profit = CP ⇒ SP = 2CP ⇒ CP = 75/2 = 37.5 (~50 closest).
Related Question 4
A man buys an article and sells it at 20% profit. If he had bought it 20% cheaper and sold it for Rs. 75 less, the profit would be 25%. What is the cost price?
  • A. Rs. 370
  • B. Rs. 375
  • C. Rs. 350
  • D. Rs. 300
Correct Answer: B
Explanation:
Solving the simultaneous equations gives CP = Rs. 375.
Related Question 5
A man buys an article for Rs. 500 and sells it at a loss of 10%. Selling price is ____.
  • A. Rs. 450
  • B. Rs. 400
  • C. Rs. 480
  • D. Rs. 420
Correct Answer: A
Explanation:
SP = 90% of 500 = 450.