Aptitude

Topic: Profit and Loss

A trader mixes 26 kg of rice at Rs. 20 per kg with 30 kg of rice of other variety at Rs. 36per kg and sells the mixture at Rs. 30 per kg. His profit percent is:A.No profit, no loss B.5%C.8% D.10%E.None of these

C.P. of 56 kg rice = Rs. (26 x 20 + 30 x 36) = Rs. (520 + 1080) = Rs. 1600.S.P. of 56 kg rice = Rs. (56 x 30) = Rs. 1680.Gain =80x 100/1600  % = 5%.

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