A grocer purchase 80kg of rice at 27rs/kg and mixed it with 120kg of rice purchased at 32rs/kg.At what rate per kg should he sell the mixture to gain 16%.......with explaination
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Step-by-step explanation:
Cost price for 80kg=80*27=2160
cost price for 120kg=3840
total cost price=2160+3840=6000
selling price=((100+gain%)/100)*c.p
sp=(116/100)*6000
sp=116*60
sp=6960
no of KGS=200
rate for one kg=total sp/200
one kg rate=6960/200
one kg rate=34.8
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