Multiple choice

A grocer mixes 26 kg of tea, which costs Rs. 20 per kg with 30 kg of tea, which costs Rs. 36 per kg. He sells the mixture at Rs. 30 per kg. What is his profit percentage?

  1. 5%

  2. 6%

  3. 7%

  4. 8%

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Total cost = (26 * 20) + (30 * 36) = 520 + 1080 = 1600. Total weight = 56 kg. Selling price = 56 * 30 = 1680. Profit = 1680 - 1600 = 80. Profit % = (80 / 1600) * 100 = 5%.

AI explanation

Using the mixture cost formula, the total cost price is (26 kg * Rs. 20) + (30 kg * Rs. 36), which equals 520 + 1080 = 1600. The total selling price of the 56 kg mixture at Rs. 30 per kg is 1680. The profit percentage formula gives (80 / 1600) * 100, resulting in a 5% profit.