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<html><body><h2 id="content-id-6190528347-2"><b>Profit And Loss Questions Overview</b></h2><p>Profit And Loss Questions have a good weightage in the Ibps Clerk Exam and the type of question asked in Ibps Clerk exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in Profit And Loss Questions.</p><h2 id="content-id-9520713648-3"><b>Question On Profit And Loss </b></h2>A shopkeeper mixed two varieties of rice at Rs. 24/kg and Rs. x/kg in the ratio 2 : 3 respectively and sold the mixture at Rs. 29.88/kg at 20% profit. Find the value of x.
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Moderate </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 37 Seconds </h3></div></div><h2 id="content-id-3245967810-4"><b> Profit And Loss Questions Options</b></h2><ol><li><p>25</p>
</li><li><p>25.5</p>
</li><li><p>27</p>
</li><li><p>30</p>
</li><li><p>27.5</p>
</li></ol> <h2 id="content-id-5480627139-5"><b> Profit And Loss Questions Solution</b></h2><p>The correct answer is <strong>Option 2</strong> i.e. <strong>25.5</strong></p>

<table cellspacing="0" class="MsoTableGrid" style="border-collapse:collapse; border:none; width:300px">
	<tbody>
		<tr>
			<td>
			<p>Understanding</p>
			</td>
			<td>
			<p>Application</p>
			</td>
		</tr>
		<tr>
			<td>
			<p>Given:</p>

			<p>He sold the mixture at Rs. 29.88/kg at 20% profit.</p>
			</td>
			<td>
			<p>So,</p>

			<p>The cost price of the mixture</p>

			<p>= 29.88/1.2</p>

			<p>= Rs. 24.9/kg</p>
			</td>
		</tr>
		<tr>
			<td>
			<p>A shopkeeper mixed two varieties of rice at Rs. 24/kg and Rs. x/kg in the ratio 2 : 3 respectively.</p>

			<p>Suppose the quantities mixed are ‘2a’ and ‘3a’ respectively.</p>
			</td>
			<td>
			<p>Hence,</p>

			<p>24 × 2a + x × 3a = 24.9 × 5a</p>

			<p>⇒ 48 + 3x = 124.5</p>

			<p>⇒ 3x = 76.5</p>

			<p>⇒ x = 25.5</p>
			</td>
		</tr>
	</tbody>
</table>
<h2 id="content-id-6315724809-6"><b> Profit And Loss Questions Tips and Tricks</b></h2><img loading="lazy" src="https://study.kdcampus.live/questions-blog-pdf/Profit_And_Loss_Questions_Tips_and_Tricks.png" alt="Profit And Loss Questions Tips and Tricks" height="260" width="480"><ol><li>Try to solve Profit And Loss Questions without taking any help from the solutions.</li><li>Profit And Loss Questions require proper usage of concept so firstly read the question thoroughly and then use the right concept. </li><li>In case you're not able to solve the question in less than 30 seconds in the exam then you should skip the question and move to the next question.</li></ol><h3><b>Daily Current Affairs </b></h3><img loading="lazy" src="https://study.kdcampus.live/questions-blog-pdf/Daily_Current_Affairs.png" alt="Daily Current Affairs" height="260" width="480"><p>KD Live is providing Current Affairs on a daily basis for Banking and a current affairs quiz too for the practice. 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The correct answer is Option 2 i.e. 25.5 - Profit And Loss Questions are asked in Ibps Clerk exams and your question has been explained by experts like Neetu Mam.

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