A man buys 4 kg of apples for Rs. 160 and sells them at Rs. 50 per kg. What is the profit percentage? MCQ with Answer and Explanation

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A man buys 4 kg of apples for Rs. 160 and sells them at Rs. 50 per kg. What is the profit percentage?

A. 15%

B. 30%

C. 20%

D. 25%

Answer: Option D

Solution (By JKSSB Mock Tests)

CP per kg = 160/4 = 40, SP = 50, profit = 10, profit% = 10/40*100 = 25%.

This question belongs to: Maths Profit And Loss

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Question #1

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A trader allows a discount of 20% on an article and still gains 25%. If the cost price is Rs. 400, find the marked price.

A. Rs. 625

B. Rs. 700

C. Rs. 600

D. Rs. 650

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Correct Answer: Option A

This question belongs to: Maths Profit And Loss

Question #2

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A dealer gives a discount of 10% on the marked price and still gains 15%. If the marked price is Rs. 800, find the cost price.

A. Rs. 640

B. Rs. 650

C. Rs. 600

D. Rs. 626.09

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Correct Answer: Option D

Explanation:
SP = 800*0.9 = 720. CP = 720 / 1.15 = 626.09.

This question belongs to: Maths Profit And Loss

Question #3

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By selling 20 meters of wire, a man gains the cost price of 4 meters. Find his profit percentage.

A. 25%

B. 30%

C. 15%

D. 20%

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Correct Answer: Option D

Explanation:
Let CP of 1 meter = 1. CP of 20 meters = 20. Profit = CP of 4 meters = 4. Profit % = (4/20) * 100 = 20%.

This question belongs to: Maths Profit And Loss

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