A trader mixes two types of pulses, A costing Rs. 80/kg and B costing Rs. 120/kg, in the ratio 3:2. He marks up the mixture by 25% on the cost price and allows a 10% discount. Find his net profit per kg. MCQ with Answer and Explanation
A trader mixes two types of pulses, A costing Rs. 80/kg and B costing Rs. 120/kg, in the ratio 3:2. He marks up the mixture by 25% on the cost price and allows a 10% discount. Find his net profit per kg.
Two lots of onions with equal quantity, one costing Rs. 10 per kg and the other costing Rs. 15 per kg, are mixed together and whole lot is sold at Rs. 15 per kg. What is the profit or loss percentage?
Explanation:
Let quantity of each be 1 kg. Total Cost Price = 10 + 15 = 25 for 2 kg. Cost Price per kg = 12.5. Selling Price per kg = 15. Profit = 2.5. Profit percentage = (2.5 / 12.5) * 100 = 20%.
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