A trader mixes three varieties of groundnuts costing , and per kg in the ratio in terms of weight and sells the mixture at 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 be , , and respectively.
Total weight of the mixture = .
Total Cost Price () of the mixture:
Total Selling Price () of the mixture:
Profit earned:
Profit percentage:
Total weight of the mixture = .
Total Cost Price () of the mixture:
Total Selling Price () of the mixture:
Profit earned:
Profit percentage: