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. 25%

B. 33.33%

C. 50%

D. 40%

Answer: Option B

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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If the cost price of 8 articles is equal to the selling price of 10 articles, find the loss percent.

A. 15%

B. 10%

C. 20%

D. 25%

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Correct Answer: Option C

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

Question #2

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A dealer allows a discount of 15% on an article and still gains 20%. If the cost price is Rs. 400, find the marked price.

A. Rs. 550

B. Rs. 580

C. Rs. 564.71

D. Rs. 540

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Correct Answer: Option C

Explanation:
SP = 400*1.2 = 480. MP = 480 / 0.85 = 564.71.

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Question #3

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What is the single equivalent discount for three successive discounts of 10%, 20%, and 25%?

A. 50%

B. 46%

C. 45%

D. 55%

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Correct Answer: Option B

Explanation:
Let Marked Price = 100. Price after 10% discount = 90. Price after 20% discount = 90 * 0.80 = 72. Price after 25% discount = 72 * 0.75 = 54. Total discount = 100 - 54 = 46. Equivalent discount percentage = 46%.

This question belongs to: Maths Profit And Loss

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