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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. |
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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 = % Profit = 12.5 % This is the value of profit percentage.
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