Two kinds of rice are sold at same price in which 10% is gained on one...

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Two kinds of rice are sold at same price in which 10% is gained on one kind and 10% is lost on the other. If they be mixed equally and sold at the same price, what percentage will be gained or lost? 1. 2% loss 2. 1% loss 3. 0.5% gain 4. 0.8% loss 5. 1% gain Two kinds of rice are sold at same price in which 10% is gained on one kind and 10% is lost on the other. If they be mixed equally and sold at the same price, what percentage will be gained or lost? 1. 2% loss 2. 1% loss 3. 0.5% gain 4. 0.8% loss 5. 1% gain

Answer rating: 100% (QA)

Solution 2 Lets assume the cost price of first kind of ... View the full answer