Asked in PPSC, FPSC and other one-paper exams (compiled from unofficial resources).
Financial MathematicsProfit, Loss, and Discount
A trader mixes 26 kg of rice at Rs. 20 per kg with 30 kg of rice of another variety at Rs. 36 per kg and sells the mixture at Rs. 30 per kg. His profit percentage is:
- A.$5\%$Correct answer
- B.$8\%$
- C.$10\%$
- D.No profit, no loss
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Practice these MCQs in the appQuick fact: The profit percentage on selling the mixture is $5\%$.