A trader mixes 26 kg of rice at Rs. 20 per kg with 30 kg of rice of other variety at Rs. 36 per kg and sells the mixture at Rs. 30 per kg. His profit percentage is:

10%

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16%

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Solution

The correct option is C
5%

Cost Price of 56 kg rice = Rs. $(26 \times 20 + 30 \times 36)$ = Rs. (520+1082) = Rs.1600.
Selling Price of 56 kg rice = Rs. $(56 \times 30)$ = Rs. 1680.
Profit = Selling Price - Cost Price = 1680 - 1600.
Profit Percentage = $\frac{P r o f i t}{C o s t P r i c e} \times 100 = \frac{80}{1600} \times 100 = 5 %$ .

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