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Question

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%

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