Multiple choice

A trader mixes $26$ kg of rice at Rs. $20$ per kg with $30$ kg of rice of other variety at Rs. $36$ per kg and sells the mixture at Rs. $30$ per kg. His profit percent is

  1. $8\%$
  2. $5\%$
  3. $10\%$

  4. No profit no loss
Reveal answer Fill a bubble to check yourself
B 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

The total cost price is 26 times 20 plus 30 times 36, which equals 520 plus 1080 equals 1600. The total quantity is 26 plus 30 which is 56 kg. The total selling price is 56 times 30 which equals 1680. The profit is 1680 minus 1600 equals 80, and using the profit percentage formula, Profit divided by Cost Price times 100, the profit percent is 80 divided by 1600 times 100 which equals 5. His profit percent is 5 percent.

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