A vendor sells oranges at Rs. 60 per dozen and makes a profit of 20%. What is the cost price per dozen? MCQ with Answer and Explanation

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A vendor sells oranges at Rs. 60 per dozen and makes a profit of 20%. What is the cost price per dozen?

A. Rs. 48

B. Rs. 45

C. Rs. 50

D. Rs. 52

Answer: Option C

Solution (By JKExamLibrary)

SP = 1.2 CP => CP = 60/1.2 = 50.

This question belongs to: Maths Profit And Loss

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Question #1

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A trader allows a discount of 20% on the marked price and still gains 25%. If the cost price is Rs. 800, find the marked price.

A. Rs. 1300

B. Rs. 1250

C. Rs. 1150

D. Rs. 1200

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Correct Answer: Option B

Explanation:
SP = 800*1.25 = 1000. MP = 1000 / 0.8 = 1250.

This question belongs to: Maths Profit And Loss

Question #2

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The marked price of an article is Rs. 1200. If the discount given is 15%, what is the selling price?

A. Rs. 1050

B. Rs. 1020

C. Rs. 1080

D. Rs. 1000

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Correct Answer: Option B

Explanation:
SP = 1200*0.85 = 1020.

This question belongs to: Maths Profit And Loss

Question #3

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A dealer sells a book for Rs. 330, losing 12%. Find the cost price.

A. Rs. 360

B. Rs. 350

C. Rs. 385

D. Rs. 375

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Correct Answer: Option D

Explanation:
SP = 88% of CP => CP = 330 / 0.88 = 375.

This question belongs to: Maths Profit And Loss

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