A man buys 100 oranges for Rs. 400. 20 oranges are rotten and thrown away. At what rate per dozen should he sell the remaining oranges to gain 20% on the whole transaction? MCQ with Answer and Explanation

A man buys 100 oranges for Rs. 400. 20 oranges are rotten and thrown away. At what rate per dozen should he sell the remaining oranges to gain 20% on the whole transaction?
A. Rs. 60
B. Rs. 72
C. Rs. 64
D. Rs. 80
Answer: Option B
Solution (By JKSSB Mock Tests)
Total Cost Price = 400. Desired Total Selling Price = 400 * 1.20 = 480. Remaining oranges = 80. Selling Price per orange = 480 / 80 = 6. Selling Price per dozen = 6 * 12 = 72.

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Practice More Profit And Loss Questions

Question #1
A grocer purchased 80 kg of sugar at Rs. 13.50 per kg and mixed it with 120 kg of sugar at Rs. 16 per kg. At what rate should he sell the mixture to gain 16%?
A. Rs. 18
B. Rs. 18.20
C. Rs. 17.40
D. Rs. 16.50

Correct Answer: Option C


Explanation:
Total Cost = (80 * 13.50) + (120 * 16) = 1080 + 1920 = 3000. Total quantity = 200 kg. Cost Price per kg = 3000 / 200 = 15. Selling Price per kg for 16% gain = 15 * 1.16 = 17.40.

This question belongs to: Maths Profit And Loss
Question #2
By selling 45 lemons for Rs. 40, a man loses 20%. How many should he sell for Rs. 24 to gain 20%?
A. 16
B. 20
C. 18
D. 22

Correct Answer: Option C


Explanation:
Selling Price of 45 lemons = 40. Cost Price of 45 lemons = 40 / 0.80 = 50. Desired Selling Price for 45 lemons for 20% profit = 50 * 1.20 = 60. To get Rs. 60, he sells 45 lemons. To get Rs. 24, he must sell (45 / 60) * 24 = 18 lemons.

This question belongs to: Maths Profit And Loss
Question #3
A shopkeeper sells a fan for Rs. 660, losing 10%. Find the cost price.
A. Rs. 733.33
B. Rs. 720
C. Rs. 700
D. Rs. 750

Correct Answer: Option A


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

This question belongs to: Maths Profit And Loss