Saved Bookmarks
| 1. |
. A trader mixes 2 kg of butter which costs$8 per kg with 3 kg of butter which costs $6 per kg.He sells the mixture at $2.55 per 250 g. Express hisprofit as a percentage of his selling price. |
Answer» Given:-
════◄••❀••►════ To Find:-
════◄••❀••►════Formula Used:-
════◄••❀••►════Solution:-FINDING total C.P. of mixture: ➥ C.P. of 2 kg of butter = 2 × $8 = $16 ➥ C.P. of 3 kg of other quality of butter = 3 × $6 = $18 ➥ Total C.P. of mixture = $16 + $18 = $34 Finding total s.p. of mixture: ➥ Total Amount of mixture = 2 + 3 = 5kg ➥ Cost of 1 kg of mixture = $2.55 × (1000 ÷ 250) = $2.55 × 4 = $10.2 ➥ Total cost of mixture = 5 × $10.2 = $51 Finding profit percentage: ➥ Profit = S.P. - C.P. = 51 - 34 = 17 ➥ Profit Percentage on cost price = {(Profit ÷ C.P.) × 100}% = {(17 ÷ 34) × 100}% = {100 ÷ 2}% = 50% ➥ Profit Percentage on selling price = {(Profit ÷ S.P.) × 100}% = {(17 ÷ 51) × 100}% = {100 ÷ 3}% = 33.3% ════◄••❀••►════Answer:-▪︎Total Profit percent on s.p. is 33.3%.════◄••❀••►════ |
|