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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 mixture at Rs 30 per kg this profit percentage is?
- 5%
- 8%
- 10%
- None of these
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.
Profit= 1680-1600 =80
Profit percentage=(80/1600*100) % = 5%
Profit Percent Formula = Profit×100/C.P.