A producer blends two varieties of tea from two different tea gardens. One costing Rs. 15/kg and another costing Rs. 20 /kg in the ratio of 7: 3. He sells the blended variety at Rs. 18.15/ kg. Determine his profit/ loss percentage.

A producer blends two varieties of tea from two different tea gardens.

1.	A producer blends two varieties of tea from two different tea gardens. One costing Rs. 15/kg and another costing Rs. 20 /kg in the ratio of 7: 3. He sells the blended variety at Rs. 18.15/ kg. Determine his profit/ loss percentage.
Answer» A producer blends two varieties of tea from two different tea gardens. One costing Rs. 15/kg and another costing Rs. 20 /kg in the ratio of 7: 3. He sells the blended variety at Rs. 18.15/ kg. Determine his profit/ loss percentage.