A dealer offers a mixture of 26 kg of rice at Rs. 20 per kg and 30 kg of rice of a different kind at Rs. 36 per kg for Rs. 30 per kg. His profit margin is as follows:
A. No profit, no loss
B. 5%
C. 8%
D. 10%
Answer:B
A dealer offers a mixture of 26 kg of rice at Rs. 20 per kg and 30 kg of rice of a different kind at Rs. 36 per kg for Rs. 30 per kg. His profit margin is as follows:
A. No profit, no loss B. 5% C. 8% D. 10%
Explanation: 26 x 20 + 30 x 36) = Rs. (520 + 1080) = Rs. 1600 for 56 kg rice.56 kg rice S.P. = Rs. (56 x 30) = Rs. 1680.Gain = 80/1600 multiplied by 100 percent is 5%.