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. 35%
B. 45%
C. 40%
D. 30%
Answer: Option C
Solution (By JKSSB Mock Tests)
The correct answer is Option C. Detailed explanation will be updated soon.

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Practice More Profit And Loss Questions

Question #1
A man sells an article for Rs. 840, gaining 5%. What is the cost price?
A. Rs. 780
B. Rs. 810
C. Rs. 800
D. Rs. 820

Correct Answer: Option C


Explanation:
CP = 840 / 1.05 = 800.

This question belongs to: Maths Profit And Loss
Question #2
A person purchased an item for Rs. 700 and sold it at a loss of 15%. What is the selling price?
A. Rs. 615
B. Rs. 600
C. Rs. 580
D. Rs. 595

Correct Answer: Option D


Explanation:
Loss = 15% of 700 = 105, SP = 700 - 105 = 595.

This question belongs to: Maths Profit And Loss
Question #3
A shopkeeper sells a product for Rs. 960, gaining 20%. Find the cost price.
A. Rs. 840
B. Rs. 780
C. Rs. 820
D. Rs. 800

Correct Answer: Option D


Explanation:
CP = 960 / 1.20 = 800.

This question belongs to: Maths Profit And Loss