1) A trader mixes two varieties of tea costing Rs.40 per kg and Rs.50 per kg in the ratio 5 : 4.If the mixture is sold at Rs.48 per kg, what is the gain %? A) 7.5 % B) 8 % C) 2.5 % D) 8.5 % Answer: Option BExplanation:Let the quantities of two varieties of tea be 5x kg and 4x kg respectively. Then, C.P $=40\times 5x+50\times 4x=400x$, S.P $9x\times 48=432x$ Profit=32x, Profit% $=\frac{32x}{400x}\times 100=8%$