1.

Tea merchant blends two varieties of tea in the ratio of 5: 4. The cost of first variety is ₹ 200 per kg and that of second variety is ₹ 300 per kg. If he sells the blended tea at the rate of ₹ 275 per kg, find out the percentage of her profit or loss.

Answer»

Answer:

The value of profit percentage = 12.5 %

Step-by-step EXPLANATION:

Tea merchant blends TWO varieties of tea in the ratio =  5 : 4.

The cost of first variety is =  ₹ 200 per kg

Total cost of first variety is = 200 × 5 = ₹ 1000

The cost of second variety is =  ₹ 300 per kg

Total cost of second variety is =  300 × 4 = ₹ 1200

Total cost of two varieties together = 1000 + 1200 = ₹ 2200

Total selling cost two varieties together = 9 × 275 = ₹ 2475

% Profit = \frac{2475 - 2200}{2200} × 100

% Profit = 12.5 %

This is the value of profit percentage.



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