A producer of tea blends two varieties of tea from two tea gardens one costing Rs 18 per kg and another Rs 20 per kg in the ratio x:y. If he sells the blended variety at Rs 21 per kg. his gain percent is 12 then the ratio is:
A
3:5
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B
3:4
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C
5:3
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D
1:1
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Solution
The correct option is C5:3 Ratio of two varieties of tea =x:y
Cost rate of first variety =18 per kg and second variety =20 per kg
Total cost (CP) =∑(amount×Pricerate)=18x+20y
Total selling price (SP) =Amountofmixture×Rateofmixture=(x+y)×21