Question : By selling an article for Rs. 1,200, a shopkeeper suffered a loss of 20%. What was the cost price of that article?
Option 1: Rs. 1,500
Option 2: Rs. 1,020
Option 3: Rs. 1,000
Option 4: Rs. 1,180
New: SSC MTS Tier 1 Answer key 2024 out
Don't Miss: Month-wise Current Affairs | Upcoming Government Exams
New: Unlock 10% OFF on PTE Academic. Use Code: 'C360SPL10'
Correct Answer: Rs. 1,500
Solution : If the shopkeeper suffered a loss of 20%, this means the selling price is 80% of the cost price. Cost Price = $\frac{\text{Selling Price}}{80\%}=\frac{1200}{0.80}$ = Rs. 1500 Hence, the correct answer is Rs. 1,500.
Application | Cutoff | Selection Process | Preparation Tips | Eligibility | Exam Pattern | Admit Card
Question : A merchant sold an article at a 20% loss. If he had sold it for Rs. 390 more, 6% would have been gained on the cost price. What is the cost price of the article?
Option 1: Rs. 1,200
Option 2: Rs. 2,600
Option 3: Rs. 1,500
Option 4: Rs. 1,800
Question : By selling an article at Rs. 425, a shopkeeper had a loss of 15%. At what price should be sell the article to make a profit of 20%?
Option 1: Rs. 800
Option 2: Rs. 1000
Option 3: Rs. 400
Option 4: Rs. 600
Question : An article is sold at a 5 percent loss. If its cost price is decreased by Rs. 20 and the selling price is increased by Rs. 13, then a profit of 10 percent is earned on it. What is the original selling price of the article?
Option 1: Rs 266.66
Option 2: Rs 221.66
Option 3: Rs 283.33
Option 4: Rs 250
Question : Suman incurred a loss of 35% on selling an article for Rs. 41275. What was the cost price of the article?
Option 1: Rs. 48675
Option 2: Rs. 63500
Option 3: Rs. 54020
Option 4: Rs. 45910
Question : A shopkeeper sells an item at a loss of 8%. However, if he increases the selling price by Rs. 36, he could gain 12%. Find the cost price of the article (in Rs.).
Option 1: 180
Option 2: 270
Option 3: 150
Option 4: 360
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile