A shopkeeper bought 15 kg of rice at the rate of Rs. 29 per kg and 25 kg of rice at the rate of Rs. 20 per kg. He sold the mixture of both types of rice at the rate of Rs. 27 per kg. His profit in this transaction is = ?
A. Rs. 125
B. Rs. 150
C. Rs. 140
D. Rs. 145
Answer: Option D
Solution(By Examveda Team)
According to the question,Cost price of mixture of rice
= 15 × 29 + 25 × 20
= 435 + 500
= Rs. 935
Selling price of 1 kg mixture of rice = Rs. 27
Selling price of 40 kg mixture of rice
= 27 × 40 = Rs. 1080.
Profit = Selling price - Cost price
= 1080 - 935
= Rs. 145
Related Questions on Profit and Loss
A. 45 : 56
B. 45 : 51
C. 47 : 56
D. 47 : 51
A. Rs. 2600
B. Rs. 2700
C. Rs. 2800
D. Rs. 3000
A. A neither losses nor gains
B. A makes a profit of 11%
C. A makes a profit of 20%
D. B loses 20%
A. Rs. 3,750
B. Rs. 3,250
C. Rs. 2,750
D. Rs. 2,250
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