A vendor bought bananas at 6 for Rs. 10 and sold them at 4 for Rs. 8. Find his profit percentage. MCQ with Answer and Explanation

A vendor bought bananas at 6 for Rs. 10 and sold them at 4 for Rs. 8. Find his profit percentage.
A. 10%
B. 15%
C. 25%
D. 20%
Answer: Option D
Solution (By JKSSB Mock Tests)
Cost price of 1 banana = 10 / 6 = 5/3. Selling price of 1 banana = 8 / 4 = 2. Profit = 2 - 5/3 = 1/3. Profit percentage = ((1/3) / (5/3)) * 100 = 20%.

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Practice More Profit And Loss Questions

Question #1
A shopkeeper sells a fan for Rs. 1080, losing 10%. Find the cost price.
A. Rs. 1150
B. Rs. 1250
C. Rs. 1200
D. Rs. 1100

Correct Answer: Option C


Explanation:
SP = 90% of CP => CP = 1080 / 0.9 = 1200.

This question belongs to: Maths Profit And Loss
Question #2
If the selling price of an article is Rs. 288 and the profit is 44%, find the cost price.
A. Rs. 190
B. Rs. 220
C. Rs. 200
D. Rs. 210

Correct Answer: Option C


This question belongs to: Maths Profit And Loss
Question #3
If the cost price of 8 articles is equal to the selling price of 10 articles, find the loss percent.
A. 25%
B. 15%
C. 10%
D. 20%

Correct Answer: Option D


Explanation:
Let CP of 1 = 1, CP of 8 = 8, SP of 10 = 8 => SP of 1 = 8/10 = 0.8, loss = 20%.

This question belongs to: Maths Profit And Loss