A trader mixes 26 kg of rice at ₹20 per kg with 30 kg of rice of another variety at ₹36 per kg and sells the mixture at ₹30 per kg. His profit percent is:
A
8%
B
10%
C
5%
D
No profit, no loss
Correct Option:
C
Explanation
Cost = 26×20+30×36=520+1080=₹1600.
Quantity = 56 kg, selling value = 56×30=₹1680.
Profit = ₹80, so profit % = 80/1600×100=5%.
