A shopkeeper mixes two variants of tea in the ratio 5:1. the first variant cost Rs30 per kg,while the other costs 18 per kg . If the mixed tea is sold at the price of 30.8 per kg then find the profit / loss percent incurred by shopkeeper.
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Answer:
Average CP of Mixed Tea when Mixed in Ratio 3:2
=
3+2
40×3+50×2
=
5
220
=Rs.44
Wen SP=Rs. 48/kg
=
44
4
×100=9.09≈10% gain
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