If the cost price of 8 apples equals the selling price of 6 apples, what is the profit percentage? MCQ with Answer and Explanation

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If the cost price of 8 apples equals the selling price of 6 apples, what is the profit percentage?

A. 33.33%

B. 50%

C. 25%

D. 40%

Answer: Option A

Solution (By JKSSB Mock Tests)

8 * CP = 6 * SP. SP/CP = 8/6 = 4/3. Profit = 4 - 3 = 1. Profit % = (1/3) * 100 = 33.33%.

This question belongs to: Maths Profit And Loss

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Question #1

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A watch dealer pays a 10% custom duty on a watch costing Rs. 500 abroad. He wants to make a 20% profit after allowing a 25% discount. What should be the marked price?

A. Rs. 880

B. Rs. 920

C. Rs. 800

D. Rs. 840

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Correct Answer: Option A

Explanation:
Total Cost Price = 500 + 10% of 500 = 550. Target Selling Price = 550 * 1.20 = 660. Marked Price = 660 / 0.75 = 880.

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Question #2

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A trader marks his goods 35% above cost and gives a discount of 20%. What is his profit percent?

A. 10%

B. 12%

C. 15%

D. 8%

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Correct Answer: Option D

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Question #3

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If the selling price of an article is Rs. 195 and the profit is 30%, find the cost price.

A. Rs. 170

B. Rs. 140

C. Rs. 150

D. Rs. 160

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Correct Answer: Option C

Explanation:
CP = 195 / 1.30 = 150.

This question belongs to: Maths Profit And Loss

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