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Home Aptitude Profit and Loss See What Others Are Saying!
  • Question
  • Two lots of onions with equal quantity, one costing ? 10 per kg and the other costing ? 15 per kg, are mixed together and whole lot is sold at ? 15 per kg. What is the profit or loss?


  • Options
  • A. 10% loss
  • B. 10% profit
  • C. 20% profit
  • D. 20% loss

  • Correct Answer
  • 20% profit 

    Explanation

    Let each lot of onion-contain N kg onion,
    Then total cost price of these two lots together = 10N + 15N = 25N
    Selling price of whole lot = 15 x (N + N) = 15 x 2N = 30N
    Profit percentage = [(30N - 25N)/25N] x 100 %
    = (5/25) x 100%
    = 20%


  • More questions

    • 1. The length of a rectangle is halved, while its breadth is tripled. What is the percentage change in area?

    • Options
    • A. 25% increase
    • B. 50% increase
    • C. 50% decrease
    • D. 75% decrease
    • Discuss
    • 2. If log10 2 = 0.3010, the value of log10 80 is:

    • Options
    • A. 1.6020
    • B. 1.9030
    • C. 3.9030
    • D. None of these
    • Discuss
    • 3. A watch which gains uniformly is 2 minutes low at noon on Monday and is 4 min. 48 sec fast at 2 p.m. on the following Monday. When was it correct?

    • Options
    • A. 2 p.m. on Tuesday
    • B. 2 p.m. on Wednesday
    • C. 3 p.m. on Thursday
    • D. 1 p.m. on Friday
    • Discuss
    • 4. The ratio between the length and the breadth of a rectangular park is 3 : 2. If a man cycling along the boundary of the park at the speed of 12 km/hr completes one round in 8 minutes, then the area of the park (in sq. m) is:

    • Options
    • A. 15360
    • B. 153600
    • C. 30720
    • D. 307200
    • Discuss
    • 5. The diagonal of a rectangle is √41 cm and its area is 20 sq. cm. The perimeter of the rectangle must be:

    • Options
    • A. 9 cm
    • B. 18 cm
    • C. 20 cm
    • D. 41 cm
    • Discuss
    • 6. If 40% of a number is equal to two-third of another number, what is the ratio of first number to the second number?

    • Options
    • A. 2 : 5
    • B. 3 : 7
    • C. 5 : 3
    • D. 7 : 3
    • Discuss
    • 7. How many times in a day, are the hands of a clock in straight line but opposite in direction?

    • Options
    • A. 20
    • B. 22
    • C. 24
    • D. 48
    • Discuss
    • 8. The last day of a century cannot be

    • Options
    • A. Monday
    • B. Wednesday
    • C. Tuesday
    • D. Friday
    • Discuss
    • 9. In a 200 metres race A beats B by 35 m or 7 seconds. A's time over the course is:

    • Options
    • A. 40 sec
    • B. 47 sec
    • C. 33 sec
    • D. None of these
    • Discuss
    • 10. How many times are the hands of a clock at right angle in a day?

    • Options
    • A. 22
    • B. 24
    • C. 44
    • D. 48
    • Discuss


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