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    Question

    A shopkeeper purchases rice of two varieties ‘A’ and

    ‘B’ at Rs. 30 per kg and Rs. 45 per kg respectively. He mixes 1 kg of variety ‘A’ rice with 2 kg of variety ‘B’ rice and sells the mixture at Rs. 46 per kg. What is his profit percent?
    A 15% Correct Answer Incorrect Answer
    B 10% Correct Answer Incorrect Answer
    C 12% Correct Answer Incorrect Answer
    D 11% Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Cost price of 3 kg of the rice mixture = 30 + 45 × 2 = Rs. 120 Cost price of 1 kg of the rice mixture = 120 ÷ 3 = Rs. 40 So, profit percentage = (46 – 40) ÷ 40 × 100 = 15%

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