a shopkeeper sells two quantities of wheat at the rates of RS.60per kg and RS. 49.5 per kg , gaining 20%and 10% profit respectively.if he mixes the two variants in the ratio 2:3 and sells the mixture at Rs. 37.6 per Kg ., what is his gain%or loss %?
Answers
Answered by
1
Answer:
Selling price of watch A and watch B= Rs. 425
Let cost price of watch A=x
Profit =10%
∴
100
110
x=425
x=386.36
Let cost price of watch B=y
Loss =10%
∴
100
90
y=425
y=472.22
Net cost price =x+y=858.5858
Net selling price =850
Loss%=
858.58
858.5858−850
×100=1%
Similar questions