A shopkeeper makes two variant of weeds in ratio 3:1 the first variety costs 24 per kg. while other costs 32 per kg. if the mixed wheat is sold at prize of 20.8 per kg. find the profit/loss incurred by shopkeeper.
a) 20% loss. b)15% loss. c) 20% profit. d) 15% profit.
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cost price = 32×25+36×15
=800+540=1340Rs
selling price=25kg+15kg=40kg
40.20×40
=1608Rs
profit=SP-CP
1608-1340=268Rs
profit%=profit/CP×100
=268/1340×100=20%
so correct option is C
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