Question : The selling price of an article is INR 520. If the loss percentage is 20%, then what is the cost price of the article?
Option 1: INR 600
Option 2: INR 650
Option 3: INR 700
Option 4: INR 720
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Correct Answer: INR 650
Solution : Selling price = INR 520 Loss = 20% of cost price We know that cost price = loss + selling price Cost price = 20% of cost price + 520 80% of cost price = 520 ⇒ Cost price = $\frac{520}{0.8}$ = INR 650 Hence, the correct answer is INR 650.
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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
Question : By selling an article for INR 600, a person made a profit of 50%. What was the cost price of this article?
Option 1: INR 300
Option 3: INR 400
Option 4: INR 350
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 of an article is Rs. 616. If the loss percentage is 30%, then what is the cost price of the article?
Option 1: Rs. 850
Option 2: Rs. 800
Option 3: Rs. 880
Option 4: Rs. 900
Question : The selling price of an article is Rs. 817. If the loss percentage is 14%, then what is the cost price of the article?
Option 2: Rs. 950
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