New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    A shopkeeper purchases rice of two varieties ‘A’ and

    ‘B’ at Rs. 40 per kg and Rs. 34 per kg respectively. He mixes 1 kg of variety ‘A’ rice with 2 kg of variety ‘B’ rice and sells the mixture at Rs. 60 per kg. What is his profit percent?
    A 33.33% Correct Answer Incorrect Answer
    B 26.33% Correct Answer Incorrect Answer
    C 55.55% Correct Answer Incorrect Answer
    D 66.66% Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Cost price of 3 kg of the rice mixture = 40 + 34 × 2 = Rs. 108 Cost price of 1 kg of the rice mixture = 108 ÷ 3 = Rs. 36 So, profit percentage = (60 – 36) ÷ 36 × 100 = 66.66%

    Practice Next