Question 16
MediumOriginal questionA tea merchant has Assam tea at ₹360 a kg and Darjeeling tea at ₹480 a kg. He blends 30 kg of Assam with 10 kg of Darjeeling and sells the blend at ₹468 a kg.
What is the merchant's profit per cent on his blend?
Show the answer and explanation
CorrectNot quiteAnswer A
Correct answer: A
Explanation
Profit per kg .
, reckoned on the cost.
Worth noting
16.67% divides the profit by the selling price; profit per cent is on the cost.
- Concept
- Profit on a mixture
- Typical timeTypical
- 120 s
- Your timeYours
- —
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