A grocer purchased 2 Kg of rice at the rate of Rs. 15/Kg and 3 Kg of another variety of rice at Rs. 13/Kg and mixed them. At what price should he sell the mixture to earn 33.33% profit on the cost price?
A
15.6 Rs.
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B
17.2 Rs.
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C
13.8 Rs.
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D
20 Rs.
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E
18.4 Rs.
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Solution
The correct option is E 18.4 Rs. Cost price of the mixture =(2∗15)+(3∗13)5=13.8 Rs. To sell this at 33.335 profit, SP =43 of cost price =13.83×4=18.4 Rs.