A trader mixes three varieties of groundnuts costing Rs. , Rs. and Rs. per kg in the ratio in terms of weight and sells the mixture at Rs. per kg. What percentage of profit does he make?
- A8%
- B9%
- C10%
- DNone of the above
Solution & Step-by-step Explanation
Let the weights of the three varieties of groundnuts mixed be , , and respectively.
Total weight of the mixture .
Total cost price (CP) of the mixture:
Selling price (SP) of the mixture per kg is Rs. .
Total selling price (SP) of mixture:
Profit made:
Profit percentage:
Total weight of the mixture .
Total cost price (CP) of the mixture:
Selling price (SP) of the mixture per kg is Rs. .
Total selling price (SP) of mixture:
Profit made:
Profit percentage: