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

Question

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. 18%

B. 15%

C. 25%

D. 20%

Answer: Option D

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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A trader mixes two types of pulses, A costing Rs. 80/kg and B costing Rs. 120/kg, in the ratio 3:2. He marks up the mixture by 25% on the cost price and allows a 10% discount. Find his net profit per kg.

A. Rs. 15

B. Rs. 14

C. Rs. 10

D. Rs. 12

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Correct Answer: Option D

Explanation:
Cost Price per kg of mixture = [(3 * 80) + (2 * 120)] / 5 = (240 + 240) / 5 = 96. Marked Price = 96 * 1.25 = 120. Selling Price = 120 * 0.90 = 108. Net profit = 108 - 96 = Rs. 12.

This question belongs to: Maths Profit And Loss