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General Questions Question 10 – answer, explanation & discussion

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Question 10 Back to Exercise
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 = ( 80 x 100 )% = 5%.
1600

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