Question

A trader bought 15kg of one variety of rice at Rs 60 per kg and 25kg of another variety at Rs 44 per kg .He mixed the two varieties and sold the mixture at Rs55 per kg.Find the gain or loss percent in whole transaction​

Answer 1

Answer:

To find gain or loss percent we have to use this formula.

profit%= profit/ C.P. ×100

Loss%= loss/ C. P × 100