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A trader purchases 70 kg of tea at the rate of Rs 200/ kg and another 30 kg at the rate of Rs 250/kg. He pays a sales tax of 4% on the transaction. He mixes both of them and sells the product at the rate of Rs 240/kg. What is the percentage gain or loss (find approximate value)? |
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Answer» A trader purchases 70 kg of tea at the rate of Rs 200/ kg and another 30 kg at the rate of Rs 250/kg. He pays a sales tax of 4% on the transaction. He mixes both of them and sells the product at the rate of Rs 240/kg. What is the percentage gain or loss (find approximate value)? |
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