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?
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 1470−1200=270