Question
A shopkeeper buys 40 kg of sugar at ₹30 per kg and 60
kg of sugar at ₹35 per kg. He mixes them and sells the entire quantity at ₹40 per kg. If his overhead expenses are ₹500, find his percentage profit.Solution
Total cost = (40 × 30) + (60 × 35) + 500 = ₹3800. Total selling price = 100 × 40 = ₹4000. Profit = 4000 - 3800 = 200. Profit % = 200/3800 * 100 = 5.26% Correct option: e
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