Quantitative Aptitude :: Profit and Loss - Discussion
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Choose the correct option.
The cost price of two types of tea are Rs. 180 per kg and Rs. 200 per kg respectively. On mixing them in the ratio 5:3, the mixture is sold at Rs. 210 per kg . In the whole transaction, the gain percent is
A10%
B11%
C12%
D13%
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ratio is 5:3
5x+3x=210
8x=210 => x=1680
1st type tea = 180*5 =900
2nd type tea = 200*3=600
total is =1500
profit=1680-1500 = 180
gain= (180/1500)*100= 12%
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