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Question

A trader purchases 70 kg of tea at Rs. 15.00 per kg and 30 kg of tea at Rs. 18.50 per kg and mixes the two. If the packing charges are 2 per cent and he would like to make a profit of 15 per cent, he should sell the tea at (Correct to one decimal place)

A
Rs. 17.70 per kg
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B
Rs. 18.20 per kg
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C
Rs. 18.80 per kg
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D
Rs. 19.50 per kg
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Solution

The correct option is B Rs. 18.80 per kg
Let the cost price of the tea = Rs. 100
Profit =15%
Then Selling price = Rs. 115
According to the question, cost price of the tea =70×15+30×18.50= Rs. 1605
Packing charges =2% of cost price.
Packing charges = 2100×1605= Rs. 32.1
Total Cost price =1605+32.1= Rs. 1637.1
S.P of 1 kg tea = 115100×1100×1637.1= Rs. 18.8

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