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

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. 6.25%
B. 5%
C. 4%
D. 5.6%
Answer: Option B
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%.

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Practice More Profit And Loss Questions

Question #1
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. 30%
C. 15%
D. 20%

Correct Answer: Option D


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

This question belongs to: Maths Profit And Loss
Question #2
If the cost price of an article is Rs. 120 and the selling price is Rs. 150, what is the profit percentage?
A. 30%
B. 20%
C. 25%
D. 15%

Correct Answer: Option C


Explanation:
Profit = 30, profit% = 30/120*100=25%.

This question belongs to: Maths Profit And Loss
Question #3
A shopkeeper sells a fan for Rs. 800, losing 20%. Find the cost price.
A. Rs. 1000
B. Rs. 950
C. Rs. 1050
D. Rs. 900

Correct Answer: Option A


Explanation:
SP = 80% of CP => CP = 800 / 0.8 = 1000.

This question belongs to: Maths Profit And Loss