A company blends two varieties of tea from two different tea gardens, one variety costing 20 per kg and other 25 per kg, in the ratio 5 : 4. He sells the blended tea at 23 per kg. Find his profit percent
Select the correct option
A) 5% profit B) 3.5% loss C) 3.5% profit D) No profit, no loss E) None of these
Let the quantity of two varieties of tea be 5x kg and 4x kg, respectively.   Now, SP = 23 × 9x = 207x   and 3.5% profitP = 20 × 5x + 25 × 4x = 200x   Profit % = 7x/200x×100=3.5%   Answer 3.5% profit
<result>C</result>
A company blends two varieties of tea from two different tea gardens, one variety costing 20 per kg and other 25 per kg, in the ratio 5 : 4. He sells the blended tea at 23 per kg. Find his profit percent