Question 10
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A trader mixes 26 kg of rice at ₹ 20 per kg with 30 kg of rice of other variety at ₹ 36 per kg and sells the mixture at ₹ 30 per kg. His profit percent is:
- A No profit, no loss
- B 5% Correct
- C 8%
- D 10%
- E None of these
Correct Answer: Option B
C.P. of 56 kg rice = ₹ (26 x 20 + 30 x 36)
= ₹ (520 + 1080) = ₹ 1600
S.P. of 56 kg rice = ₹ (56 x 30) = ₹ 1680.
Gain = |
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80 | x 100 | % = 5%. |
| 1600 |
Gain =
% = 5%.
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