Profit and loss

Quantitative Aptitude ( CCS)

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A grocer mixes 26 kg of tea which costs Rs. 20 a kg with 30 kg of tea which costs Rs. 36 a kg and sells the mixture of Rs.30 a kg. His profit per cent is

Explanation:

C.P. of 56 kg Tea

= Rs. (26 x 20 + 30 x 36)

= Rs. (520 + 1080) = Rs. 1600.

S.P. of 56 kg Tea

= Rs. (56 x 30) = Rs. 1680.

Gain = $\frac{80}{1600} * 100$ % = 5%

Hence, option 1 is the correct answer.

By: Amit Kumar

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