ABC26GN2688 · Profit and Loss

Subject: General Aptitude · Chapter: Profit and Loss · Exam: 2009 · Marks: · Difficulty:

Manish purchased 25 kg of rice @ ` 32 per kg and 15 kg of rice @ ` 36 per kg. He mixed the two varieties of rice and sold it @ ` 40.20 per kg. What is the percent profit earned?

(a)20

(b)25

(c)30

(d)40

(e)None of these

Answer

Answer (as printed): A

Explanation

C.P. of 40 kg rice = ` (25 × 32 + 15 × 36) = ` (800 + 540) = ` 1340. S.P. of 40 kg rice = ` (40 × 40.20) = 1608. Profit = ` (1608 – 1340) = 268.  268  \ Profit % =  × 100 % = 20%. 1340   100 

Explanation as extracted from the printed page; notation may be imperfect.

Open in whiteboard · Browse this chapter in the app