A fruit seller buys lemons at 2 for a rupee and sells them at 5 for three rupees. What is his profit percentage? MCQ with Answer and Explanation

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A fruit seller buys lemons at 2 for a rupee and sells them at 5 for three rupees. What is his profit percentage?

A. 15%

B. 20%

C. 10%

D. 25%

Answer: Option B

Solution (By JKSSB Mock Tests)

CP of 1 lemon = 1/2 = 0.5. SP of 1 lemon = 3/5 = 0.6. Profit = 0.6 - 0.5 = 0.1. Profit % = (0.1 / 0.5) * 100 = 20%.

This question belongs to: Maths Profit And Loss

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Question #1

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A shopkeeper sells a product for Rs. 720, gaining 20%. Find the cost price.

A. Rs. 640

B. Rs. 600

C. Rs. 620

D. Rs. 580

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Correct Answer: Option B

Explanation:
CP = 720 / 1.20 = 600.

This question belongs to: Maths Profit And Loss

Question #2

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A shopkeeper sells a bag for Rs. 600, losing 25%. Find the cost price.

A. Rs. 800

B. Rs. 780

C. Rs. 850

D. Rs. 750

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Correct Answer: Option A

Explanation:
SP = 75% of CP => CP = 600 / 0.75 = 800.

This question belongs to: Maths Profit And Loss

Question #3

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A fruit seller buys 100 oranges at Rs. 4 each and sells them at Rs. 5 each. What is his profit percentage?

A. 30%

B. 25%

C. 15%

D. 20%

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Correct Answer: Option B

Explanation:
CP = 400, SP = 500, profit = 100, profit% = (100/400)*100=25%.

This question belongs to: Maths Profit And Loss

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