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Question

A rice mill owner mixed 60 kg of rice worth Rs. 30 per kg and 40 kg of rice worth Rs. 35 per kg. He mixes the two and sells the mixture at Rs. 40 per kg. What is the percentage profit in this deal?

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Answer- D

Total cost price of (60 + 40) 100kg of mixture = (60*30 + 40*35)

= 1800 + 1400

= Rs. 3200

Now, selling price of the mixture = 100 * 40 = Rs. 4000

Profit = 4000 - 3200 = Rs. 800

Required percentage profit = 800/3200 ∗ 100 = 25%