Question

A shopkeeper blends two types of rice, one costing ₹12.50 / kg and the other costing ₹14 / kg in the ratio of 4: 5. Find his profit percent if he sells the mixture at ₹16 / kg.​

Answer 1

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A shopkeeper blends two types of rice, one costing ₹12.50 / kg and the other costing ₹14 / kg in the ratio of 4: 5. Find his profit percent if he sells the mixture at ₹16 / kg.

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LCM of 4 and 5 =20

cost of first rice =12.50× 20

=₹250

cost of second rice =14×20

=₹280

Total cp =250+280=530

Total sp =16×20 =₹320

Profit =530-320=₹210

Profit%=210×100÷320=65.6%ANS

Hope you understand

Answer 2

Answer:

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