Question

A shopkeeper mixes 30 kg of rice which he purchased at

Q: A shopkeeper mixes 30 kg of rice which he purchased at ₹40/kg and 40 kg of rice which he purchased

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₹40/kg and 40 kg of rice which he purchased at ₹28/kg, and he sells the entire mixture at ₹28/kg. What is the profit or loss percentage (approximated to the nearest integer)?

A 12.5%

B 15.5%

C 10.5%

D 5%

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A shopkeeper mixes 30 kg of rice which he purchased at

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