Question : I purchase 100 kg of tea and sell it for a profit to the extent of what I would have paid for 40 kg. What is my profit percentage?
Option 1: 30%
Option 2: 20%
Option 3: 25%
Option 4: 40%
Correct Answer: 40%
Solution : Let the price of 1 kg tea be Rs. 1. Price of 100 kg = 100 Profit = 40 × 1 = 40 Profit percentage $=\frac{\text{Profit}}{\text{Cost price}}×100=\frac{40}{100}×100=40\%$ Hence, the correct answer is 40%.
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Question : After giving a 40% discount on an article, there is still a profit of 20%. What will be the profit percentage when no discount is given?
Option 1: 60%
Option 2: 68%
Option 3: 78%
Option 4: 100%
Question : A class has five sections that have 25, 30, 40, 45, and 60 students, respectively. The pass percentages of these sections are 20%, 30%, 35%, 40%, and 100% respectively. The pass percentage of the entire class is:
Option 1: 87%
Option 2: 63%
Option 3: 53%
Option 4: 79%
Question : The marked price of an article is 50% more than its cost price. If a 20% discount is given, then what will be the profit percentage?
Option 1: 20%
Option 2: 25%
Option 3: 30%
Option 4: 50%
Question : Mahesh agreed to sell rice with a 24% loss, as the rice got rotten. However, he cheated customers and gave them only 19 gm of rice instead of 50 gm of rice. What is the percentage of his profit or loss?
Option 1: $100\%$ loss
Option 2: $\frac{100}{3} \%$ loss
Option 3: $\frac{100}{3} \%$ profit
Option 4: $100\%$ profit
Question : If a shop-keeper purchases cashew nuts at Rs. 250 per kg and sells them at Rs. 10 per 50 gm, then he makes a:
Option 1: 25% loss
Option 2: 25% profit
Option 3: 20% profit
Option 4: 20% loss
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