A person buys 2 kg of sugar at Rs. 40 per kg and 3 kg at Rs. 50 per kg. He mixes and sells at Rs. 60 per kg. What is his profit percentage? MCQ with Answer and Explanation

A person buys 2 kg of sugar at Rs. 40 per kg and 3 kg at Rs. 50 per kg. He mixes and sells at Rs. 60 per kg. What is his profit percentage?
A. 45%
B. 35%
C. 30%
D. 40%
Answer: Option D
Solution (By JKSSB Mock Tests)
The correct answer is Option D. Detailed explanation will be updated soon.

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Practice More Profit And Loss Questions

Question #1
A reduction of 20% in the price of sugar enables a person to buy 5 kg more for Rs. 400. What is the original price per kg?
A. Rs. 25
B. Rs. 15
C. Rs. 16
D. Rs. 20

Correct Answer: Option D


Explanation:
Let original price = P. Reduced price = 0.8P. (400 / 0.8P) - (400 / P) = 5. (500 / P) - (400 / P) = 5. 100 / P = 5. P = 20.

This question belongs to: Maths Profit And Loss
Question #2
By selling an umbrella for Rs. 300, a shopkeeper gains 20%. During a clearance sale, the shopkeeper allows a discount of 10% on the marked price. His gain percentage during the sale season is:
A. 7.5%
B. 9%
C. 7%
D. 8%

Correct Answer: Option D


Explanation:
Marked Price = 300. Original SP = 300. Profit = 20%, so CP = 300 / 1.2 = 250. Discount during sale = 10% on MP. New SP = 300 - 30 = 270. Profit = 270 - 250 = 20. Profit % = (20 / 250) * 100 = 8%.

This question belongs to: Maths Profit And Loss
Question #3
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. 18
C. 20
D. 22

Correct Answer: Option B


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