“A” sold a pen Rs. 180. This was Rs 60 less than. What “A” paid for it. What was A loss as percentage of his cost price?
Answer: 25%
Explanation
"A" sold the pen for Rs. 180.
This was Rs. 60 less than what "A" paid for it, so the cost price was:
Rs. 180 (selling price) + Rs. 60 (loss) = Rs. 240 (cost price)
To find the loss as a percentage of the cost price, divide the loss by the cost price and multiply by 100:
Loss = Rs. 60
Cost price = Rs. 240
Loss percentage = (Loss ÷ Cost price) × 100 = (60 ÷ 240) × 100 = 25%
This question appeared in
Past Papers (4 times)
PPSC 5 Years Past Papers Subject Wise (Solved with Details) (2 times)
PPSC Assistant Past Papers PDF (1 times)
PPSC Past Papers (1 times)
This question appeared in
Subjects (1 times)
MATHS MCQS (1 times)
Related MCQs
- If an item is sold for Rs. 2400 at a 20% loss, what was its actual (cost) price?
- Usman sold a can of oil for Rs.7786 at a loss of 15%. Calculate his cost price.
- The cost price of a pen is Rs. 300, and it is sold for Rs. 390. What is the percentage of profit?
- The selling price of 42 blankets is equal to the cost of the price of 28 blankets. find the gain or loss in percentage.
- If the selling price of 40 articles is equal to the cost price of 50 articles, the loss or gain percentage is
- A shopkeeper sold an article for Rs 540 at some profit .Had he sold it for Rs 470, then there would have a loss equal to one-sixth of the initial profit.what was the cost price (in Rs) of the article?
- A person bought one kilogram of apples for Rs. 60 and sold for Rs. 90. The percentage of profit of cost price he earned is?
- Ali bought watch from a wholesaler for Rs. 250. In addition, he paid a sales tax of 15% on the cost price. He then sold the watch for Rs. 315. How much profit is made by Ali.
- A person sold a stove for Rs 470 and incurred a loss of 6%. The price would it be sold so as to earn a profit of 8%?
- On selling 17 balls at Rs. 720, there is a loss equal to the cost price of 5 balls. The cost price of a ball is _____?
