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. 18%
B. 25%
C. 20%
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.

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Profit And Loss Questions

Question #1
If the selling price of an article is Rs. 340 and the loss is 15%, find the cost price.
A. Rs. 410
B. Rs. 400
C. Rs. 380
D. Rs. 390

Correct Answer: Option B


Explanation:
SP = 85% of CP => CP = 340 / 0.85 = 400.

This question belongs to: Maths Profit And Loss
Question #2
A person sold a table for Rs. 1200, gaining 20%. What was the cost price?
A. Rs. 980
B. Rs. 1100
C. Rs. 1000
D. Rs. 1050

Correct Answer: Option C


Explanation:
CP = 1200/1.2 = 1000.

This question belongs to: Maths Profit And Loss
Question #3
A shopkeeper marks his goods 25% above cost and gives a discount of 5%. What is his profit percent?
A. 12%
B. 15%
C. 20%
D. 18.75%

Correct Answer: Option D


Explanation:
Let CP = 100, MP = 125, SP = 125*0.95 = 118.75, profit = 18.75%.

This question belongs to: Maths Profit And Loss