2012 · Q41
A person bought 8 quintal of rice for certain rupees. After a week, he sold 3 quintal of rice at 10% profit, 3 quintal of rice with neither profit nor loss and 2 quintal at 5% loss. In this transaction, what is the profit?
Elementary MathematicsArithmetic
- A10%
- B20%
- C25%
- DNone of the above
Explanation
Total sale = 3.3C + 3C + 1.9C = 8.2C on cost 8C, i.e. 2.5% profit, which is not listed.