Question

A seller purchases the green colour of holi from two dealers, 5 kg from a dealer at a rate of 60 rupees per kg and 7 kg from other dealer at a rate of 80 rupees per kg . If he sells the colour after mixing, then what will be the selling rate for getting a profit of 20% ?

Answer 1

Total cost of colour =
Amount for 5kg from one dealer + Amount for 7kg from the other dealer
= (5*60)+(7*80)
= 300+560
= Rs. 860

Let Selling Price be Rs. x
Profit = Rs. (x-860)

Profit % = (Profit/CP)*100
=> 20/100 = (x-860)/860
=> x-860 = 860/5
=> x = 172+860 = Rs. 1032