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
New: SSC MTS 2024 Application Form OUT; Direct Link
Don't Miss: Month-wise Current Affairs | Upcoming Government Exams
New: Unlock 10% OFF on PTE Academic. Use Code: 'C360SPL10'
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.
Application | Cutoff | Selection Process | Preparation Tips | Eligibility | Exam Pattern | Admit Card
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?
Question : By selling an article for INR 600, a person made a profit of 50%. What was the cost price of this article?
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?
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?
Question : The cost price of an article is Rs. 2650. If the loss percentage is 16 percent, then what is the selling price of the article?
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile