New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    A shopkeeper mixes 30 kg of rice which he purchased at

    ₹40/kg and 40 kg of rice which he purchased at ₹28/kg, and he sells the entire mixture at ₹28/kg. What is the profit or loss percentage (approximated to the nearest integer)?
    A 12.5% Correct Answer Incorrect Answer
    B 15.5% Correct Answer Incorrect Answer
    C 10.5% Correct Answer Incorrect Answer
    D 5% Correct Answer Incorrect Answer

    Solution

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