Question : The selling price and the cost price of a cup are INR 576 and INR 800 respectively. What is the loss percentage?
Option 1: 22%
Option 2: 28%
Option 3: 24%
Option 4: 32%
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Correct Answer: 28%
Solution : Selling price = INR 576 Cost price = INR 800 Loss = Cost price – selling price = 800 – 576 = 224 Loss percentage = $\frac{\text{Loss}}{\text{Cost price}}\times100= \frac{224}{800}\times100= 28$% Hence, the correct answer is 28%.
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Question : On selling 15 balls for INR 450, there is a loss equal to the cost price of 5 balls. The cost price of a ball is:
Option 1: INR 23
Option 2: INR 54
Option 3: INR 45
Option 4: INR 32
Question : If the selling price and cost price of a shirt are Rs. 945 and Rs. 750 respectively, then what is the profit percentage?
Option 1: 25%
Option 2: 22%
Option 3: 26%
Option 4: 28%
Question : The difference between the cost price and the selling price is INR 143. If the profit percentage is 26%, then what is the selling price?
Option 1: INR 603
Option 2: INR 676
Option 3: INR 693
Option 4: INR 713
Question : The selling price and the cost price of an article are INR 6,000 and INR 5,000 respectively. What is the profit percentage?
Option 2: 10%
Option 3: 20%
Option 4: 15%
Question : The selling price of an article is four times of its cost price. If the selling price is reduced by INR 300, then the profit becomes 250%. What is the cost price of the article?
Option 1: INR 400
Option 2: INR 450
Option 3: INR 800
Option 4: INR 600
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