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A trader purchased 30kg of rice at the rate of 10.50 per kg and 20 kg at the rate of 11 per kg .he mixed them and he sold the mixture at the rate of 11.70 per kg .then his gain percent is |
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Answer» COST of 30kg at $10.5/kg = 30 x 10.5 = $315 Cost of 20KG at $11/kg = 20 x 11 = $220 Total cost = $315 + $220 = $535 Total kg = 30 + 20 = 50kg Sold 50 kg at $11.7/kg = 50 x 11.7 = $585 Gain = $585 - $535 = $50 Answer: $50 |
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