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. 25%

B. 30%

C. 15%

D. 20%

Answer: Option A

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 dealer marks his goods 25% above cost and gives a discount of 10%. What is his profit percent?

A. 10%

B. 15%

C. 20%

D. 12.5%

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Correct Answer: Option D

Explanation:
Let CP=100, MP=125, SP=125*0.9=112.5, profit=12.5%.

This question belongs to: Maths Profit And Loss

Question #2

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A person sells a watch for Rs. 480, gaining 20%. Find the cost price.

A. Rs. 380

B. Rs. 400

C. Rs. 440

D. Rs. 420

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Correct Answer: Option B

Explanation:
CP = 480 / 1.20 = 400.

This question belongs to: Maths Profit And Loss

Question #3

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The marked price of a machine is Rs. 3200. Two successive discounts are offered, the first being 10%. If the final selling price is Rs. 2448, find the second discount percentage.

A. 20%

B. 18%

C. 12%

D. 15%

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Correct Answer: Option D

Explanation:
Price after first discount = 3200 * 0.90 = 2880. Second discount amount = 2880 - 2448 = 432. Second discount percentage = (432 / 2880) * 100 = 15%.

This question belongs to: Maths Profit And Loss

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