Arithmetic Ability
Profit and Loss

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Q.

A trader mixes 36 kg of rice at Rs. 20 per kg with 14 kg of rice of other variety at Rs. 36 per kg and sells the mixture at Rs. 30 per kg. His profit percent is:

View Answer

Correct choice: C

Explanation:

C.P. of 50 kg rice = Rs. (36 x 20 + 14 x 36) = Rs. (720 + 504) = Rs.1224. S.P. of 56 kg rice = Rs. (50 x 30) = Rs.1500. Profit = 1500 - 1224 = Rs.276 Profit % = Profit/C.P×100 = 276/1224 × 100 = 22.54%.
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