Profit and Loss Practice Test 1

Question : 1 of 40

Marks: +1, -0

A grocer mixes 26 kg rice worth Rs 20 with 30 kg rice which costs Rs 36 a kg and sells the mixture for Rs 32 per kg. Find his profit per cent.

Solution:

CP of 56 kg rice = (26 × 20 + 30 × 36) = 520 + 1,080 = Rs 1,600
SP of 56 kg rice = (56 × 32) = Rs 1,792
Profit per cent

={1792-1600}/1600   ×100=12%

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