A person buys 5 kg of sugar at Rs. 35 per kg and sells at Rs. 42 per kg. What is the profit percentage? MCQ with Answer and Explanation

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A person buys 5 kg of sugar at Rs. 35 per kg and sells at Rs. 42 per kg. What is the profit percentage?

A. 25%

B. 20%

C. 15%

D. 30%

Answer: Option B

Solution (By JKSSB Mock Tests)

CP = 5*35 = 175, SP = 5*42 = 210, profit = 35, profit% = 35/175*100 = 20%.

This question belongs to: Maths Profit And Loss

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Question #1

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A trader mixes two types of pulses, A costing Rs. 80/kg and B costing Rs. 120/kg, in the ratio 3:2. He marks up the mixture by 25% on the cost price and allows a 10% discount. Find his net profit per kg.

A. Rs. 14

B. Rs. 12

C. Rs. 15

D. Rs. 10

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Correct Answer: Option B

Explanation:
Cost Price per kg of mixture = [(3 * 80) + (2 * 120)] / 5 = (240 + 240) / 5 = 96. Marked Price = 96 * 1.25 = 120. Selling Price = 120 * 0.90 = 108. Net profit = 108 - 96 = Rs. 12.

This question belongs to: Maths Profit And Loss

Question #2

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By selling 90 ball pens for Rs. 160, a person loses 20%. How many ball pens should be sold for Rs. 96 so as to have a profit of 20%?

A. 24

B. 36

C. 40

D. 32

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Correct Answer: Option B

Explanation:
SP of 90 pens = 160. SP of 1 pen = 160/90 = 16/9. Loss = 20%, so CP of 1 pen = (16/9) / 0.8 = 20/9. Desired SP for 20% profit = 1.2 * (20/9) = 24/9 = 8/3. Number of pens for Rs. 96 = 96 / (8/3) = 96 * 3 / 8 = 36.

This question belongs to: Maths Profit And Loss