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A man purchased 35 kg of rice at the rate of Rs. 9.50 per kg and 30 kg at the rate of Rs. 10.50 per kg. He mixed the two. Approximately, at what price (in Rs.) per kg should he sell the mixture to make 35% profit in the transaction?1. 12.502. 13.503. 124. 13 |
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Answer» Correct Answer - Option 2 : 13.50 Given: The cost price of 35 kg of rice = Rs. 9.50 per kg the cost price of 30 kg of rice = Rs. 10.50 per kg Formula Used: Profit = (Profit%/100 ) × CP Calculation: Total cost price of mixture of 35 kg and 30 kg of rice = (35 × 9.50 + 30 × 10.50) Total cost price of 65 kg mixture = (332.5 + 315) ⇒ Rs. 647.5 ⇒Rate per kg of mixture = 647.5/65 profit of the mixture per kg = (135/100) × (647.5/65) ⇒ Rs. 13.44 ∴ The selling price of the mixture of rice per kg is Rs.13.50 |
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