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Question

Of the two varieties of rice available, variety A is bought at Rs.32 per kg and variety B at Rs.80 per kg. Two varieties of rice are mixed together in the respective ratio of 8:5 and the mixture is sold at Rs.72 per kg. What per cent of profit approximately the seller receives ?

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Solution

Let 8xKg. of variety A is Mixed
The 5x Kg of vaeriety B is Mixed
Total Cost price = 8x×32+5x×80=656x
Total sale price = 13x×72=936x
So, Profit % = 42.68%

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