A trader mixes 26 kg of rice at Rs. 20 per kg with 30 kg of rice of other variety at Rs. 36 per kg and sells the mixture at Rs. 30 per kg. His profit percent is:
papay dey Answered question 5 days ago
Cost Price (CP) of 26 kg rice = 26 × 20 = Rs. 520
CP of 30 kg rice = 30 × 36 = Rs. 1080
Total CP = 520 + 1080 = Rs. 1600
Total quantity of rice = 26 + 30 = 56 kg
Selling Price (SP) of 56 kg rice = 56 × 30 = Rs. 1680
Profit = SP – CP
= 1680 – 1600
= 80
Profit Percentage = (Profit/CP) × 100
= (80/1600) × 100
= 5%
The trader’s profit percentage is 5%.
papay dey Answered question 5 days ago
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