Question

A merchant mixes two varieties of rice, one costing ₹ 35 per kg and another at ₹ 45 per kg in the ratio of 3:2. if he sells the mixed variety at ₹ 41.60 per kg. find his gain or loss percent.

Answer 1

here's your solution dear :)

Answer 2

Answer:

Profit % of mix rice = $\frac{2.6}{39} \times 100 = 6.6 \%$

Step-by-step explanation:

we need to find the gain or loss percentage

Given:- A merchant mixes two varieties of rice, one costing ₹ 35 per kg and another at ₹ 45 per kg in 3 : 2 . He sells the mixed variety at ₹ 41.60 per kg.

Cost of total 5 Kg of rice mix  =$3\times 35 + 2\times 45$

                                                    =$105 + 90$

                                                           = ₹ 195

Cost of 1 kg of mix rice =$\frac{195}{5}= 39$

Selling price of 1 kg mix rice = ₹ 41.60

Since, selling price  > cost price

⇒ profit =₹ 41.60 - ₹ 39 = ₹ 2.6

Profit % of mix rice = $\frac{2.6}{39} \times 100 = 6.6 \%$