The cost price of 12 articles is equal to the selling price of 9 articles. Find the gain percent. MCQ with Answer and Explanation

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The cost price of 12 articles is equal to the selling price of 9 articles. Find the gain percent.

A. 30%

B. 20%

C. 33.33%

D. 25%

Answer: Option C

Solution (By JKSSB Mock Tests)

Let CP of 1 = 1, CP of 12 = 12, SP of 9 = 12 => SP of 1 = 12/9 = 4/3 = 1.333, gain=33.33%.

This question belongs to: Maths Profit And Loss

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Question #1

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A person buys 5 kg of sugar at Rs. 35 per kg and sells at Rs. 42 per kg. What is the profit percentage?

A. 30%

B. 15%

C. 20%

D. 25%

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Correct Answer: Option C

Explanation:
CP = 5*35 = 175, SP = 5*42 = 210, profit = 35, profit% = 35/175*100 = 20%.

This question belongs to: Maths Profit And Loss

Question #2

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Two lots of onions with equal quantity, one costing Rs. 10 per kg and the other costing Rs. 15 per kg, are mixed together and whole lot is sold at Rs. 15 per kg. What is the profit or loss percentage?

A. No profit no loss

B. 20% loss

C. 20% profit

D. 25% profit

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Correct Answer: Option C

Explanation:
Let quantity of each be 1 kg. Total Cost Price = 10 + 15 = 25 for 2 kg. Cost Price per kg = 12.5. Selling Price per kg = 15. Profit = 2.5. Profit percentage = (2.5 / 12.5) * 100 = 20%.

This question belongs to: Maths Profit And Loss