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 shopkeeper buys a product for Rs. 450 and sells it at a loss of 8%. What is the selling price?

A. Rs. 414

B. Rs. 420

C. Rs. 400

D. Rs. 430

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Correct Answer: Option A

Explanation:
Loss = 8% of 450 = 36, SP = 450 - 36 = 414.

This question belongs to: Maths Profit And Loss

Question #2

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A shopkeeper professes to sell at cost price but uses a 950g weight for 1kg. Find his profit percentage.

A. 5.5%

B. 5.26%

C. 6%

D. 5%

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Correct Answer: Option B

Explanation:
Error = 50g. Profit % = (50 / 950) * 100 = 100 / 19 = 5.26%.

This question belongs to: Maths Profit And Loss

Question #3

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If a product is sold at Rs. 1080, there is a loss of 10%. What is the cost price?

A. Rs. 1180

B. Rs. 1150

C. Rs. 1200

D. Rs. 1220

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Correct Answer: Option C

Explanation:
CP = 1080/0.9 = 1200.

This question belongs to: Maths Profit And Loss

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