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

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Practice More Profit And Loss Questions

Question #1
A dishonest dealer professes to sell his goods at cost price, but uses a 750 gram weight for 1 kg. Find his gain percentage.
A. 33.33%
B. 30%
C. 20%
D. 25%

Correct Answer: Option A


Explanation:
Goods given = 750g. Goods charged for = 1000g. Gain = 250g. Gain percentage = (250 / 750) * 100 = 33.33%.

This question belongs to: Maths Profit And Loss
Question #2
Two items are sold for Rs. 2400 each. One at a 20% profit, the other at a 20% loss. Find the overall loss in rupees.
A. Rs. 100
B. Rs. 0
C. Rs. 400
D. Rs. 200

Correct Answer: Option D


Explanation:
CP1 = 2400/1.2 = 2000. CP2 = 2400/0.8 = 3000. Total CP = 5000. Total SP = 4800. Loss = 5000 - 4800 = Rs. 200.

This question belongs to: Maths Profit And Loss
Question #3
A person sells a table for Rs. 1200, gaining 20%. Find the cost price.
A. Rs. 1050
B. Rs. 1020
C. Rs. 980
D. Rs. 1000

Correct Answer: Option D


Explanation:
CP = 1200 / 1.20 = 1000.

This question belongs to: Maths Profit And Loss