Multiple Choice Questions on 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........... for CLAT : Law entrance Exam Preparation

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Multiple Choice Questions

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...........

Quantitative Aptitiude (CLAT) Profit and loss
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    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

    No profit no loss

    Incorrect Answer

    5%

    Correct Answer

    8%

    Incorrect Answer

    10%

    Incorrect Answer
    Explanation:

    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 =(80/1600*100) % = 5%

    By: Parvesh Mehta
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