A trader mixes two varieties of tea costing Rs. 50/kg and Rs. 60/kg in the ratio 2:3. He sells the mixture at Rs. 67.20/kg. Find his profit percentage. MCQ with Answer and Explanation

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A trader mixes two varieties of tea costing Rs. 50/kg and Rs. 60/kg in the ratio 2:3. He sells the mixture at Rs. 67.20/kg. Find his profit percentage.

A. 15%

B. 20%

C. 25%

D. 18%

Answer: Option B

Solution (By JKSSB Mock Tests)

Cost of 5 kg mixture = (2 * 50) + (3 * 60) = 100 + 180 = 280. Cost per kg = 280 / 5 = 56. Selling Price = 67.20. Profit = 11.20. Profit percentage = (11.20 / 56) * 100 = 20%.

This question belongs to: Maths Profit And Loss

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Question #1

If the selling price of an article is Rs. 224 and the loss is 20%, find the cost price.

A. Rs. 260

B. Rs. 280

C. Rs. 290

D. Rs. 270

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Correct Answer: Option B

This question belongs to: Maths Profit And Loss

Question #2

If an article is sold at Rs. 450, there is a loss of 10%. Find its cost price.

A. Rs. 520

B. Rs. 460

C. Rs. 480

D. Rs. 500

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Correct Answer: Option D

Explanation:
CP = 450/0.9 = 500.

This question belongs to: Maths Profit And Loss

Question #3

A fruit seller buys 50 mangoes at Rs. 10 each and sells them at Rs. 12 each. What is his profit percentage?

A. 20%

B. 15%

C. 25%

D. 30%

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Correct Answer: Option A

Explanation:
CP = 500, SP = 600, profit = 100, profit% = 100/500*100=20%.

This question belongs to: Maths Profit And Loss

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