Question

A fruit vendor purchases two varieties of oranges at the rates of 12 oranges for ₹ 18 and 18 oranges for ₹ 12. He mixes the two varieties in the ratio of 2: 3 and sells the mixed stock at a price of ₹ 144 for 10 dozens. What percentage of profit or loss does he make ?

• A. $26\frac{3}{4}\%$
• B. $34\frac{1}{4}\%$
• C. 20%
• D. 28%

Answer 1

Answer: (C)

20%

Answer 2

The correct option is (C):20%.