a grocer bought and mixed 3 kg of tea powder at rupees 220 per kg with 2kg of tea powder at rupees 160 per kg. if he sells the mixture of the two at rupees 232 per kg did he make profit or loss and what is the percentage? ans is 18.4% profit
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Answer:
Step-by-step explanatiAnswer:
18.37 % Profit
Step-by-step explanation:
3kg tea cost = 220 * 3 = 660 rs
2 kg tea cost = 160 * 2 = 320 rs
5 kg mix tea cost = 660 + 320 = 980 rs
1 kg mix tea cost = 980/5 = 196 rs
1 kg mix tea selling price = 232 rs
profit = 232-196 = 36
Profit % = (36/196)*100 = 18.37 %on:
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