Question
Quantitative Aptitude Question on Percentage
A merchant purchased 3 different varieties of rice namely P, Q and R at 15/kg, 25/kg and 30/kg. He then mixed these 3 different varieties of rice in the ratio of 3 : 5 : 2. At what price he must sell 1 kg of the mixed rice so as to make a net profit of 25%?
A
23.50
B
26.75
C
21.50
D
28.75
Answer
28.75
Explanation
Solution
The correct answer is (D);28.75