Field experiments were conducted at the Agronomy Field Laboratory, Bangladesh Agricultural University to identify the most profitable mixed cropping sequence of mungbean with off season Tossa jute. Experiment was laid out in a Randomized Complete Block Design with three replications, consisting of fourteen treatments. Results showed that plant population at harvest, plant height, branches plant-1 , seed yield and 1000-seed weight of jute were reduced in mixed cropping treatments as compared with sole cropping of jute. As a result, the seed yield of sole jute crop was always higher than that of mixed cropping treatments. The highest seed yield of jute was 485.5 kg ha-1 as sole cropping treatment and lowest seed yield of jute 122.5kg ha-1 was obtained in 80% mungbean+20% jute treatment. However, the highest land equivalent ratio (1.16) and monetary advantage (Tk 11724.13 ha-1) were found in of 100% mungbean+80% jute treatment which also gave the higher economic return than sole jute seed crop. Therefore, the seed yield of jute and mungbean at mixed cropping under variable seeding rates were less than their sole crop yields but the combined yields or equivalent yields of jute and mungbean from mixed cropping were more than the sole crop yield of either jute or mungbean. Thus mixed cropping of mungbean and jute appeared to be the best practice in terms of economic return to the farmers.