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

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

A. 25%

B. 15%

C. 20%

D. 10%

Answer: Option C

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%.

This question belongs to: Maths Profit And Loss

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Question #1

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A shopkeeper sells a shirt for Rs. 560, gaining 40%. Find the cost price.

A. Rs. 420

B. Rs. 380

C. Rs. 440

D. Rs. 400

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Correct Answer: Option D

Explanation:
CP = 560 / 1.40 = 400.

This question belongs to: Maths Profit And Loss

Question #2

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A person buys a house and a car for Rs. 5,00,000 each. He sells the house at a 20% profit and the car at a 10% loss. What is his overall profit or loss percentage?

A. 5% profit

B. 2.5% profit

C. 5% loss

D. 10% profit

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Correct Answer: Option A

Explanation:
Total Cost Price = 10,00,000. Profit on house = 1,00,000. Loss on car = 50,000. Net profit = 50,000. Profit percentage = (50,000 / 10,00,000) * 100 = 5% profit.

This question belongs to: Maths Profit And Loss