Welcome Guest | Sign in | Register
Profit and Loss - Discussion Page For Q.319 | Aptitude Questions and Answers | Aptitude Free Online-Tests | LucentBlackBoard | LucentBlackBoard.com

Home > Arithmetic Aptitude > Profit and Loss > Questions and Answers Discussion

Q: 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: 
A. No profit, no loss B. 5%
C. 8% D. 10%

Answer and Explanation

Answer:5%

Explanation:
C.P. of 56 kg rice = Rs. (26 x 20 + 30 x 36) = Rs. (520 + 1080) = Rs. 1600.
S.P. of 56 kg rice = Rs. (56 x 30) = Rs. 1680.
Gain = (80/1600) x 100 % = 5%.

Comment on this Question

Name:

Loading...




Partner Sites
LucentBlackBoard.com                  SoftLucent.com                  LucentJobs.com
All rights reserved © 2012-2015 SoftLucent.