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Question

A shopkeeper purchases 60kg of acommodity at the rate of Rs. 5 per kg and 150 kg of the same commodity at the rate of Rs.6 per kg. He mixes the two and sells the mixture at the rate of 7Rs-per kg. What is the overall gain?

A
Rs.360
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B
Rs.270
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C
Rs.180
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D
None of these
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Solution

The correct option is B Rs.270

The cost of 60Kg commodity is 5×60=300Rs.

The cost of 150 Kg commodity is 6×150=900Rs.

The overall cost is 300+900=1200

The total selling price is 210×7=1470

The net profit is 14701200=270



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