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Joseph bought two varieties of rice, cos...

Joseph bought two varieties of rice, costing 5 cents per ounce and 6 cents per ounce each, and mixed them in some ratio. Then he sold the mixture at 7 cents per ounce, making a profit of 20 percent. What was the ratio of the mixture?

A

`1 : 10`

B

`1 : 5`

C

`2 : 7`

D

`3 : 8`

Text Solution

Verified by Experts

The correct Answer is:
B
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