Difficulty: Easy
Correct Answer: 20% profit
Explanation:
Introduction / Context:
When equal quantities are mixed, the average cost per kg is the simple average of the two rates. Compare the selling price per kg to this average cost to determine profit%.
Given Data / Assumptions:
Concept / Approach:
Average cost per kg = (10 + 15)/2 = ₹ 12.50. Profit% = (SP − AvgCost)/AvgCost * 100.
Step-by-Step Solution:
Average cost = ₹ 12.50 per kgSelling price = ₹ 15 per kgProfit per kg = 15 − 12.50 = ₹ 2.50Profit% = 2.50 / 12.50 * 100 = 20%
Verification / Alternative check:
Take 1 kg from each lot (total 2 kg). Total cost = 10 + 15 = ₹ 25. Revenue = 2 * 15 = ₹ 30. Profit = ₹ 5 = 20% of ₹ 25—confirms the calculation.
Why Other Options Are Wrong:
Common Pitfalls:
Final Answer:
20% profit
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