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A trader mixes 26 kg of rice at Rs. 20 per kg with 30 kg of rice of other variety at Rs. 36 per kg and sells the mixture at Rs. 30 per kg. What is his profit percentage?
- a)6%
- b)5%
- c)4%
- d)7%
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
A trader mixes 26 kg of rice at Rs. 20 per kg with 30 kg of rice of ot...
C.P. of 56 kg rice = Rs. (26 x 20 + 30 x 36) = Rs. (520 + 1080) = Rs. 1600.
S.P. of 56 kg rice = Rs. (56 x 30) = Rs. 1680.
Gain =(80/1600*100) % = 5%
Most Upvoted Answer
A trader mixes 26 kg of rice at Rs. 20 per kg with 30 kg of rice of ot...
Let's break down the given information step by step:
1. Quantity of rice and its cost:
- The trader has 26 kg of rice at Rs. 20 per kg.
- The trader also has 30 kg of another variety of rice at Rs. 36 per kg.
2. Selling price of the mixture:
- The trader sells the mixture at Rs. 30 per kg.
Now, let's calculate the cost price of the mixture:
- Cost of 26 kg of rice at Rs. 20 per kg = 26 * 20 = Rs. 520
- Cost of 30 kg of rice at Rs. 36 per kg = 30 * 36 = Rs. 1080
Total cost price of the mixture = Rs. 520 + Rs. 1080 = Rs. 1600
Next, let's calculate the selling price of the mixture:
- Selling price of 1 kg of the mixture = Rs. 30
Now, let's calculate the profit:
- Profit = Selling price - Cost price
- Profit = (Selling price of 1 kg * Total quantity) - Cost price
- Profit = (30 * (26 + 30)) - 1600
- Profit = (30 * 56) - 1600
- Profit = 1680 - 1600
- Profit = Rs. 80
To calculate the profit percentage, we use the formula:
- Profit percentage = (Profit / Cost price) * 100
- Profit percentage = (80 / 1600) * 100
- Profit percentage = 5%
Therefore, the trader's profit percentage is 5%, which corresponds to option B.
1. Quantity of rice and its cost:
- The trader has 26 kg of rice at Rs. 20 per kg.
- The trader also has 30 kg of another variety of rice at Rs. 36 per kg.
2. Selling price of the mixture:
- The trader sells the mixture at Rs. 30 per kg.
Now, let's calculate the cost price of the mixture:
- Cost of 26 kg of rice at Rs. 20 per kg = 26 * 20 = Rs. 520
- Cost of 30 kg of rice at Rs. 36 per kg = 30 * 36 = Rs. 1080
Total cost price of the mixture = Rs. 520 + Rs. 1080 = Rs. 1600
Next, let's calculate the selling price of the mixture:
- Selling price of 1 kg of the mixture = Rs. 30
Now, let's calculate the profit:
- Profit = Selling price - Cost price
- Profit = (Selling price of 1 kg * Total quantity) - Cost price
- Profit = (30 * (26 + 30)) - 1600
- Profit = (30 * 56) - 1600
- Profit = 1680 - 1600
- Profit = Rs. 80
To calculate the profit percentage, we use the formula:
- Profit percentage = (Profit / Cost price) * 100
- Profit percentage = (80 / 1600) * 100
- Profit percentage = 5%
Therefore, the trader's profit percentage is 5%, which corresponds to option B.
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A trader mixes 26 kg of rice at Rs. 20 per kg with 30 kg of rice of other variety at Rs. 36 per kg and sells the mixture at Rs. 30 per kg. What is his profit percentage?a)6%b)5%c)4%d)7%Correct answer is option 'B'. Can you explain this answer?
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A trader mixes 26 kg of rice at Rs. 20 per kg with 30 kg of rice of other variety at Rs. 36 per kg and sells the mixture at Rs. 30 per kg. What is his profit percentage?a)6%b)5%c)4%d)7%Correct answer is option 'B'. Can you explain this answer? for Quant 2025 is part of Quant preparation. The Question and answers have been prepared according to the Quant exam syllabus. Information about A trader mixes 26 kg of rice at Rs. 20 per kg with 30 kg of rice of other variety at Rs. 36 per kg and sells the mixture at Rs. 30 per kg. What is his profit percentage?a)6%b)5%c)4%d)7%Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Quant 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A trader mixes 26 kg of rice at Rs. 20 per kg with 30 kg of rice of other variety at Rs. 36 per kg and sells the mixture at Rs. 30 per kg. What is his profit percentage?a)6%b)5%c)4%d)7%Correct answer is option 'B'. Can you explain this answer?.
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