Multiple choice

A shopkeeper bought 20 kg of sugar at Rs.45 per kg, 25 kg of sugar at Rs.50 per kg and 35 kg of sugar at Rs.40 per kg. He spent a sum of Rs.450 on transportation and other expenses. He mixed all the three types of sugar and sold all the stock at Rs.52.50 per kg. His profit percent in the entire transaction is:

  1. 5%

  2. 7.25%

  3. 4.25%

  4. 6.5%

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

Cost = 20*45 + 25*50 + 35*40 + 450 = 900 + 1250 + 1400 + 450 = Rs.4000. Total kg = 20+25+35 = 80kg. Selling at Rs.52.50/kg gives 80*52.50 = Rs.4200. Profit = 4200-4000 = Rs.200. Profit% = (200/4000)*100 = 5%.