Difficulty: Medium
Correct Answer: 5% profit
Explanation:
Given Data
Step 1: Compute total cost and total quantity
Total cost = 26 × 20 + 30 × 36 = 520 + 1080 = Rs. 1,600Total quantity = 26 + 30 = 56 kgAverage cost per kg = 1,600 ÷ 56 = Rs. 28.5714…
Step 2: Profit per kg and profit percent
Profit per kg = SP − average CP = 30 − 28.5714… = 1.4286…Profit% on cost = (1.4286… ÷ 28.5714…) × 100 = 0.05 × 100 = 5% profit
Checks & Common Pitfalls
Final Answer
Overall profit = 5% profit.
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