A trader mixes 26 kg of rice at Tk. 20 per kg with 30 kg of rice of other variety at Tk. 36 per kg and sells the mixture at Tk. 28 per kg. His profit or loss percent is-

A

2% loss

B

5% profit

C

2% profit

D

3% loss

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Question: A trader mixes 26 kg of rice at Tk. 20 per kg with 30 kg of rice of other variety at Tk. 36 per kg and sells the mixture at Tk. 28 per kg. His profit or loss percent is-

Solution: 
C.P. of 56 kg rice = (26 × 20 + 30 × 36)
= (520 + 1080)
=1600

S.P. of 56 kg rice = (56 × 28)
= 1568

∴ Loss = 1600 - 1568
= 32

 ∴ Loss percentage = (32/1600) × 100% = 2%

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Updated: 13 hours ago

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