Sagar purchased 10 kg of rice at the rate of Rs. 15 per kg and 25 kg of rice at the rate Rs.14 per kg. He mixed the two and sold the mixture. Approximately at what rate per kg should hesell the mixture to make 40 % profit in the transaction?

Question

Quizplus · Accepted Answer

The total cost of rice = (10kg * Rs. 15/kg) + (25kg * Rs. 14/kg) = Rs. 150 + Rs. 350 = Rs. 500. The total weight of the mixture = 10kg + 25kg = 35kg. To make a 40% profit, the selling price = 140% of cost = 1.4 * Rs. 500 = Rs. 700. Therefore, the rate per kg = Rs. 700 / 35kg = Rs. 20.

Sagar Purchased 10 Kg of Rice at the Rate of Rs