Mathematics · Profit and Loss
A fruit vendor buys three varieties of apples. The first variety is bought at 3 for 8, the second at 4 for 9, and the third at 1 for 4. He mixes them in the ratio of 1 : 2 : 1 by quantity, respectively. If he sells all the mixed apples at 5 for 13, what is his approximate gain or loss percentage?
- 1Loss of 3.5%
- 2Profit of 3.5%
- 3Loss of 6.8%✓
- 4Profit of 2.13%
Correct answer
Loss of 6.8%
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