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Rakesh

3 weeks, 1 day ago

A trader mixes two varieties of tea costing $40 per kg and $50 per kg in the ratio 5:4. If the mixture is then sold at $48 per kg, what is the profit made by the trader?

A. 5%
B. 7.5%
C. 8%
D. 10%
E. 12%

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