A fruit seller buys 50 mangoes at Rs. 10 each and sells them at Rs. 12 each. What is his profit percentage? MCQ with Answer and Explanation

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A fruit seller buys 50 mangoes at Rs. 10 each and sells them at Rs. 12 each. What is his profit percentage?

A. 25%

B. 20%

C. 15%

D. 30%

Answer: Option B

Solution (By JKSSB Mock Tests)

CP = 500, SP = 600, profit = 100, profit% = 100/500*100=20%.

This question belongs to: Maths Profit And Loss

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Question #1

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A dishonest dealer professes to sell his goods at cost price, but he uses a weight of 800 grams for 1 kg. What is his actual profit percentage?

A. 30%

B. 20%

C. 33.33%

D. 25%

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Correct Answer: Option D

Explanation:
He gives 800 grams but charges for 1000 grams. Profit = 1000 - 800 = 200 grams. Profit percentage = (200 / 800) * 100 = 25%.

This question belongs to: Maths Profit And Loss

Question #2

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A shopkeeper sells a fan for Rs. 660, losing 10%. Find the cost price.

A. Rs. 720

B. Rs. 750

C. Rs. 700

D. Rs. 733.33

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Correct Answer: Option D

Explanation:
SP = 90% of CP => CP = 660 / 0.9 = 733.33.

This question belongs to: Maths Profit And Loss

Question #3

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A shopkeeper gives a discount of 20% on an article marked at Rs. 400. What is the selling price?

A. Rs. 340

B. Rs. 320

C. Rs. 300

D. Rs. 360

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Correct Answer: Option B

Explanation:
SP = 400*0.8 = 320.

This question belongs to: Maths Profit And Loss

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