Selected MCQ

Current Question
If cost price is Rs. 600 and loss is 20%, selling price is ____.
  • A. Rs. 480
  • B. Rs. 500
  • C. Rs. 520
  • D. Rs. 550
Correct Answer: A
Explanation:
SP = 80% of 600 = 480.
Related Question 1
If cost price is Rs. 1000 and selling price is Rs. 850, loss percent is ____.
  • A. 10%
  • B. 12%
  • C. 15%
  • D. 20%
Correct Answer: C
Explanation:
Loss = 150 → 15%.
Related Question 2
If loss is 10% and cost price is Rs. 500, selling price is ____.
  • A. Rs. 450
  • B. Rs. 400
  • C. Rs. 420
  • D. Rs. 480
Correct Answer: A
Explanation:
SP = 90% of 500.
Related Question 3
If the selling price of an article is Rs. 240 after 20% loss, what was its cost price?
  • A. Rs. 260
  • B. Rs. 280
  • C. Rs. 300
  • D. Rs. 320
Correct Answer: C
Explanation:
80% = 240 ⇒ CP = 300.
Related Question 4
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 5
If the cost price of 50 articles equals the selling price of 40 articles, what is the gain or loss percent?
  • A. 20% loss
  • B. 20% profit
  • C. 10% profit
  • D. None
Correct Answer: D
Explanation:
SP/CP ratio = 50/40 = 1.25 ⇒ 25% profit (not in options).