A trader mixes 26 kg of rice at Tk. 20 per kg with 30 kg of rice of other variety at Tk. 36 per kg and sells the mixture at Tk. 30 per kg. His profit percent is:
Correct Answer: Option B
C.P. of 56 kg rice = Tk. (26 x 20 + 30 x 36) = Tk. (520 + 1080) = Tk. 1600.
S.P. of 56 kg rice = Tk. (56 x 30) = Tk. 1680.
So, Gain = {(80/1600) x 100}% = 5%.
Download our app for free and access thousands of MCQ questions with detailed solutions