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Question

A shopkeeper bought 15 kg of rice at the rate of ₹29/kg and 25kg of another type of rice at the rate of ₹20/kg. If, he sells the mixture of both types of rice at the rate of ₹27/kg, find his profit.

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Solution

Total weight of two varieties of rice = 15 + 25 = 40 kg

Total cost price of 40 kg of rice =(15×29)+(25×20)
=(435+500)
=935

Selling price of 1 kg of mixed rice = ₹27

The total SP of 40 kgs of mixed rice =40×27=1080

Profit = Selling price - cost price

= 1080−935

= ₹145


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