2013 · Q23
Two lots of onions with equal quantity, one costing Rs. 10 per kg and the other Rs. 15 per kg, are mixed together and the whole lot is sold at Rs. 15 per kg. What is the profit or loss?
Elementary MathematicsArithmetic
- A10% loss
- B10% profit
- C20% profit
- D20% loss
Explanation
Avg cost 12.5; profit 2.5/12.5=20%. Answer C.