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Question (11)

QN0019462

What is meant by cost price?

(A) Price marked on an item
(B) Price after discount
(C) Price paid to purchase the item
(D) Price charged to customer

Correct Answer: C

Explanation:

Cost price is the amount paid to purchase an item.

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Question (12)

QN0019463

What is the selling price of an item costing ₹400 if a profit of 25% is made?

(A) ₹450
(B) ₹475
(C) ₹500
(D) ₹525

Correct Answer: C

Explanation:

Selling price = 125% of ₹400 = ₹500.

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Question (13)

QN0019464

A shopkeeper purchases an item for ₹250 and sells it for ₹300. What is the profit percentage?

(A) 15%
(B) 20%
(C) 25%
(D) 30%

Correct Answer: B

Explanation:

Profit = ₹50; (50/250) × 100 = 20%.

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Question (14)

QN0019465

A book is bought for ₹600 and sold for ₹540. What is the loss percentage?

(A) 5%
(B) 8%
(C) 10%
(D) 12%

Correct Answer: C

Explanation:

Loss = ₹60; (60/600) × 100 = 10%.

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Question (15)

QN0019466

The marked price of a shirt is ₹800. If a 20% discount is offered, what is the selling price?

(A) ₹600
(B) ₹620
(C) ₹640
(D) ₹680

Correct Answer: C

Explanation:

Discount = ₹160; Selling price = ₹640.

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Question (16)

QN0019467

A shopkeeper buys a bag for ₹500 and sells it for ₹650. What is the profit percentage?

(A) 20%
(B) 25%
(C) 30%
(D) 35%

Correct Answer: C

Explanation:

Profit = ₹150; (150/500) × 100 = 30%.

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Question (17)

QN0019468

An article marked at ₹1200 is sold after a 25% discount. Find the selling price.

(A) ₹800
(B) ₹850
(C) ₹900
(D) ₹950

Correct Answer: C

Explanation:

Selling price = 75% of ₹1200 = ₹900.

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Question (18)

QN0019469

A shopkeeper incurs a loss of ₹50 on an article costing ₹400. What is the loss percentage?

(A) 10%
(B) 12.5%
(C) 15%
(D) 20%

Correct Answer: B

Explanation:

(50/400) × 100 = 12.5%.

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Question (19)

QN0019470

GST at 18% is charged on a mobile phone costing ₹10,000. What is the final price?

(A) ₹11,000
(B) ₹11,500
(C) ₹11,800
(D) ₹12,000

Correct Answer: C

Explanation:

GST = ₹1800; final price = ₹11,800.

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Question (20)

QN0019471

A geometry box bought for ₹75 is sold for ₹110. What is the profit percentage?

(A) 40%
(B) 45%
(C) 46.67%
(D) 50%

Correct Answer: C

Explanation:

Profit = ₹35; (35/75) × 100 = 46.67%.

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Question (11)

What is meant by cost price?

Explanation:

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Question (12)

What is the selling price of an item costing ₹400 if a profit of 25% is made?

Explanation:

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Question (13)

A shopkeeper purchases an item for ₹250 and sells it for ₹300. What is the profit percentage?

Explanation:

Link:

Question (14)

A book is bought for ₹600 and sold for ₹540. What is the loss percentage?

Explanation:

Link:

Question (15)

The marked price of a shirt is ₹800. If a 20% discount is offered, what is the selling price?

Explanation:

Link:

Question (16)

A shopkeeper buys a bag for ₹500 and sells it for ₹650. What is the profit percentage?

Explanation:

Link:

Question (17)

An article marked at ₹1200 is sold after a 25% discount. Find the selling price.

Explanation:

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Question (18)

A shopkeeper incurs a loss of ₹50 on an article costing ₹400. What is the loss percentage?

Explanation:

Link:

Question (19)

GST at 18% is charged on a mobile phone costing ₹10,000. What is the final price?

Explanation:

Link:

Question (20)

A geometry box bought for ₹75 is sold for ₹110. What is the profit percentage?

Explanation:

Link:

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