A shopkeeper mixes 25kg of certain grain priced at Rs 30 kg with 25 kg of the some grain of another variety priced at ₹40kg . If he sells the mixture at ₹ 38 kh. If he sells the mixture at ₹ 38 kg. Calculate this percentage profit
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Answer:
8.5%(approx)
Step-by-step explanation:
Since a shopkeeper mix 25kg of certain grain priced at Rs 30 kg with 25 kg of the some grain of another variety priced at ₹40kg
Therefore cost price is,
=25X30+25X40
=750+1000
=1750
If he sells the mixture at ₹ 38 kg
Now selling price,
=50X38
=1900
Now selling price >cost price
Profit=SP-CP
=1900-1750
=150
PROFIT %=profit/CPX100
=150/1750X100
8.5%[ans]
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