A tea producer mixes two categories of tea from two gardens in the ratio 5:3. The cost price of one category is Rs 27 per Kg and that of other is Rs. 30 per Kg. The mixture is sold at Rs 30.25 a Kg. Find his gain percent.
A
853
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B
759
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C
959
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D
1159
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E
None of these
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Solution
The correct option is B759
Given ratio = 5:3 If the tea producer mixed 5x Kg of the category of tea to that of 3x Kg of the second category of tea. C.P. of category I tea =Rs 27 per Kg C.P. of 5x Kg tea =5x×27=Rs135x C.P. of category II tea =Rs 30 per Kg ∴ C.P. of 3x Kg tea =3x×30 =Rs 90x Total mixture =5x+3x=8x Kg Total cost price =135x+90x=Rs 225x Selling price of 1 Kg of mixture =Rs 30.25 Total S.P =8x×30.25=Rs242x Gain =Rs (242x -225x)=Rs 17x Gain % =17x225x×100=689=759%