A tea merchant blends two varieties of tea in the ratio 5 : 4. The cost of first variety is Rs 200 per kg
and that of second variety is Rs 300 per Kg. If he sells the blended tea at the rate of Rs 275 per kg,
then find out the percentage of his profit or loss.
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A tea merchant blends two varieties of tea in the ratio 5 : 4. The cost of first variety is Rs 200 per kg
and that of second variety is Rs 300 per Kg. If he sells the blended tea at the rate of Rs 275 per kg,
then find out the percentage of his profit or loss.
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Step-by-step explanation:
cp = 5×200+4×300 / 5+4
= 1000+1200/9= 2200/9 = 244.44
sp = 275
profit % = sp-cp/cp ×100
= 275-244.44/244.44 = 12.5%
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