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. 15%

B. 30%

C. 20%

D. 25%

Answer: Option C

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 marks his goods 45% above cost and gives a discount of 25%. What is his profit percent?

A. 10%

B. 8.75%

C. 15%

D. 12%

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Correct Answer: Option B

Explanation:
Let CP = 100, MP = 145, SP = 145*0.75 = 108.75, profit = 8.75%.

This question belongs to: Maths Profit And Loss

Question #2

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A shopkeeper sells a radio for Rs. 2200, making a profit of 10%. What was the cost price?

A. Rs. 2100

B. Rs. 1900

C. Rs. 2000

D. Rs. 2050

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Correct Answer: Option C

Explanation:
CP = 2200/1.1 = 2000.

This question belongs to: Maths Profit And Loss

Question #3

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A shopkeeper allows a discount of 25% on his goods and still makes a profit of 25%. If the cost price is Rs. 600, what is the marked price?

A. Rs. 1100

B. Rs. 950

C. Rs. 1000

D. Rs. 900

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Correct Answer: Option C

Explanation:
SP = 600*1.25 = 750. MP = SP / 0.75 = 750 / 0.75 = 1000.

This question belongs to: Maths Profit And Loss

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