Finding Increase or Decrease Percentage in Situations
Ajay bought 1...
Question
Ajay bought 15 kg of dal at the rate of Rs 14.50 per kg and 10 kg at the rate of Rs 13 per kg. He mixed the two and sold the mixture at the rate of Rs 15 per kg. What was his total gain in this transaction?
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Solution
Cost of 15 kg of dal at Rs.14.50 per kg= Rs.(15×14.50)= Rs. $217.5$
Cost of 10 kg of dal at Rs.13 per kg= Rs. (10×13)= Rs.130
Total amount of mixture =(10+15)=25 kg
Total cost of mixture= Rs.(217.5+130)= Rs.347.5
Selling price of 1 kg of mixture= Rs.15
Selling price of 25kg of mixture=Rs.(15×25)= Rs.375