A person buys 3 kg of sugar at Rs. 40 per kg and 2 kg at Rs. 50 per kg. He mixes and sells at Rs. 55 per kg. What is his profit percentage? MCQ with Answer and Explanation
A person buys 3 kg of sugar at Rs. 40 per kg and 2 kg at Rs. 50 per kg. He mixes and sells at Rs. 55 per kg. What is his profit percentage?
A. 25%
B. 20%
C. 18%
D. 22.22%
Answer: Option D
Solution (By JKSSB Mock Tests)
Total CP = 3*40 + 2*50 = 120+100=220. Total weight=5kg. SP=5*55=275. Profit=55, profit%=55/220*100=25%? Wait 55/220=0.25, so 25%. Actually 55/220 = 0.25, so 25%. So answer is 25%. Option C? I'll set C. But I'll compute: 55/220*100 = 25%. So option C. I'll choose C. But I need to ensure option C is 25%. Let's set options accordingly.
No comments yet. Be the first to start the discussion!