31 kg of rice ‘A is purchased for Rs. 7/kg while 28 kg of rice ‘B’ is purchased for Rs. 8/kg. If the mixture of the both types of rice is sold at Rs. 8/kg, then find the profit/loss incurred to the seller.
Total cost price = 31 × 7 + 28 × 8 = Rs. 441 Total selling price = (31 + 28) × 8 = Rs. 472 Profit earned = 472 – 441 = Rs. 31
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