Answer: 5%
Step-by-step explanation:
A grocer bought 20 kg of sugar at Rs 70 per kg. The total amount spent will be: = 20kg × Rs70 = Rs1400
He sold 15 kg of sugar at Rs 75
per kg and the remaining quantity at Rs 69 per kg. This will be:
= (15 × Rs75) + (5 × Rs69)
= Rs1125 + Rs345
= Rs1470
Gain = Rs1470 - Rs1400 = Rs70
Percent gain = Gain/cost price × 100
= 70/1400 × 100
= 1/20 × 100
= 5%
The profit percent is 5%
