A fruit seller buys lemons at 4 for Rs. 5 and sells them at 5 for Rs. 8. Find his profit percentage. MCQ with Answer and Explanation

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A fruit seller buys lemons at 4 for Rs. 5 and sells them at 5 for Rs. 8. Find his profit percentage.

A. 28%

B. 32%

C. 25%

D. 30%

Answer: Option A

Solution (By JKSSB Mock Tests)

Cost Price of 1 lemon = 5 / 4 = 1.25. Selling Price of 1 lemon = 8 / 5 = 1.60. Profit = 1.60 - 1.25 = 0.35. Profit percentage = (0.35 / 1.25) * 100 = 28%.

This question belongs to: Maths Profit And Loss

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Question #1

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A shopkeeper allows a discount of 20% on an article marked at Rs. 1500. What is the selling price?

A. Rs. 1150

B. Rs. 1200

C. Rs. 1300

D. Rs. 1250

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Correct Answer: Option B

Explanation:
SP = 1500 * 0.8 = 1200.

This question belongs to: Maths Profit And Loss

Question #2

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If a loss of 15% on an item is Rs. 45, what is its cost price?

A. Rs. 250

B. Rs. 350

C. Rs. 300

D. Rs. 400

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Correct Answer: Option C

Explanation:
15% of CP = 45. CP = (45 / 15) * 100 = Rs. 300.

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Question #3

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If the cost price of an article is Rs. 320 and the selling price is Rs. 400, what is the profit percentage?

A. 25%

B. 20%

C. 15%

D. 30%

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Correct Answer: Option A

Explanation:
Profit = 80, profit% = 80/320*100 = 25%.

This question belongs to: Maths Profit And Loss

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