A trader mixes 26 kg of wheat at Rs. 20/kg with 30 kg of wheat at Rs. 36/kg and sells the mixture at Rs. 30/kg. What is his profit percentage? MCQ with Answer and Explanation

Question

A trader mixes 26 kg of wheat at Rs. 20/kg with 30 kg of wheat at Rs. 36/kg and sells the mixture at Rs. 30/kg. What is his profit percentage?

A. 5%

B. 5.6%

C. 4%

D. 6.25%

Answer: Option A

Solution (By JKSSB Mock Tests)

Total Cost Price = (26 * 20) + (30 * 36) = 520 + 1080 = 1600. Total quantity = 56 kg. Total Selling Price = 56 * 30 = 1680. Profit = 80. Profit percentage = (80 / 1600) * 100 = 5%.

This question belongs to: Maths Profit And Loss

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Question #1

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A trader allows a discount of 20% on an article and still gains 25%. If the cost price is Rs. 400, find the marked price.

A. Rs. 600

B. Rs. 625

C. Rs. 700

D. Rs. 650

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Correct Answer: Option B

This question belongs to: Maths Profit And Loss

Question #2

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A person sells an article at Rs. 275, gaining 10%. What is the cost price?

A. Rs. 255

B. Rs. 260

C. Rs. 250

D. Rs. 240

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Correct Answer: Option C

Explanation:
CP = 275/1.1 = 250.

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Question #3

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A person sells a watch for Rs. 480, gaining 20%. Find the cost price.

A. Rs. 420

B. Rs. 440

C. Rs. 380

D. Rs. 400

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Correct Answer: Option D

Explanation:
CP = 480 / 1.20 = 400.

This question belongs to: Maths Profit And Loss

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