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A trader sells two brnds of pertro; one is Extra premium (EP) and other one is ‘Speed’ (SP). He mixes 12 litres of EP with 3 litres of speed and by selling this mixture at the price of EP with 3 litres of speed and by selling this mixture at the price of EP he gets the profit of 9.09%. If the price of Extra Premium be Rs. 48 per litre, then the price of Speed (SP) is:

1)Rs. 38 per litre

2)Rs. 42 per litre

3)Rs.28 per litre

4)none of these


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    Rs.28 per litre

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  • Exam: Profit and Loss QUESTIONS





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