If the profit is one-fourth of the selling price, find the true profit percentage on the cost price. MCQ with Answer and Explanation

If the profit is one-fourth of the selling price, find the true profit percentage on the cost price.

A. 20%

B. 33.33%

C. 25%

D. 40%

Answer: Option B

Let Selling Price = 100. Profit = 25. Cost Price = 100 - 25 = 75. Profit percentage = (25 / 75) * 100 = 33.33%.

This question belongs to: Maths Profit And Loss

No comments yet. Be the first to start the discussion!

Question #1 Report Error

If the cost price of an article is Rs. 540 and it is sold at a profit of 25%, what is the selling price?

A. Rs. 660

B. Rs. 675

C. Rs. 650

D. Rs. 700

Correct Answer: Option B

Explanation:
SP = 540 * 1.25 = 675.

This question belongs to: Maths Profit And Loss

Question #2 Report Error

A person sells an article at a profit of 25%. If the cost price is Rs. 320, what is the selling price?

A. Rs. 380

B. Rs. 400

C. Rs. 420

D. Rs. 360

Correct Answer: Option B

Explanation:
SP = 320 * 1.25 = 400.

This question belongs to: Maths Profit And Loss

Question #3 Report Error

If the cost price of 9 articles is equal to the selling price of 11 articles, find the loss percent.

A. 15%

B. 20%

C. 12%

D. 18.18%

Correct Answer: Option D

Explanation:
Let CP of 1 = 1, CP of 9 = 9, SP of 11 = 9 => SP of 1 = 9/11 = 0.818, loss = (1-0.818)*100 = 18.18%.

This question belongs to: Maths Profit And Loss