Profit and Loss Practice Test 4

Question : 16 of 40

Marks: +1, -0

A person blends two varieties of tea-one costing Rs. 160 per kg and other costing Rs. 200 per kg in the ratio 5 : 4. He sells the blended variety at Rs. 192 per kg. What is his profit per cent?

Validate

Solution:

C.P. of 1 kg blended variety of tea

={5×160+4×200}/9=1600/9

Profit

192-1600/9=128/9

Hence, profit %

={128\/9}/{1600\/9}×100=8%

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