A trader mixes three varieties of groundnuts costing Rs.50, Rs.20 and Rs.30 per kg in the ratio 2 : 4 : 3 by their weight, and sells the mixture at Rs.33 per kg.
What is the profit percentage earned by the trader?
10%
Assume the trader bought 2 kg, 4 kg and 3 kg of the three varieties.
C.P. of 9 kg = Rs.(2 × 50 + 4 × 20 + 3 × 30) = Rs.270.
S.P. of 9 kg = Rs.(9 × 33) = Rs.297.
∴ Profit % = (297−270270×100)%=10%