A reduction of 10% in the price of wheat enables a man to buy 5 kg more for Rs. 450. What was the original price per kg? MCQ with Answer and Explanation

Question

A reduction of 10% in the price of wheat enables a man to buy 5 kg more for Rs. 450. What was the original price per kg?

A. Rs. 12

B. Rs. 8

C. Rs. 10

D. Rs. 9

Answer: Option C

Solution (By JKSSB Mock Tests)

Let original price = P. Reduced price = 0.9P. (450 / 0.9P) - (450 / P) = 5. (500 / P) - (450 / P) = 5. 50 / P = 5. P = 10.

This question belongs to: Maths Profit And Loss

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Question #1

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A person bought a dress for Rs. 1200 and sold it for Rs. 1440. What is the profit percentage?

A. 25%

B. 15%

C. 18%

D. 20%

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Correct Answer: Option D

Explanation:
Profit = 240, profit% = 240/1200*100=20%.

This question belongs to: Maths Profit And Loss

Question #2

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If the cost price of 5 articles is equal to the selling price of 6 articles, find the loss percent.

A. 16.67%

B. 10%

C. 15%

D. 20%

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Correct Answer: Option A

Explanation:
Let CP of 1 = 1, CP of 5 = 5, SP of 6 = 5 => SP of 1 = 5/6 = 0.833, loss = 16.67%.

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Question #3

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A trader marks his goods 40% above the cost price and allows a discount of 15%. What is his actual profit percentage?

A. 21%

B. 25%

C. 18%

D. 19%

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Correct Answer: Option D

Explanation:
Let CP = 100. Marked Price (MP) = 140. Discount = 15% of 140 = 21. Selling Price (SP) = 140 - 21 = 119. Profit % = ((119 - 100) / 100) * 100 = 19%.

This question belongs to: Maths Profit And Loss

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