A shopkeeper blends two varieties of tea costing Rs 18 and Rs 13 per 100 gms in the ratio 7:3. He sells the blended variety at the rate of Rs 18.15 per 100 gm. His percentage gain in the transaction is:
A
8%
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B
12%
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C
15%
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D
10%
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Solution
The correct option is D 10% CP=18×710+13×310 =126+3910 =16510 = Rs 16.5 SP=Rs18.15 Gain =Rs 1.65 % gain=1.651.65×100=10%