Question

A shopkeeper mixes 30 kg of rice which he purchased at रु 30/kg and 40 kg of rice which he purchased at रु 28/kg and he sells the entire mixture at रु 28/kg. What is the profit or loss percentage (approximated to nearest integer)?

• A. 7% profit
• B. 6% loss
• C. 3% loss
• D. 5% profit

Answer 1

Answer: (C)