Question

A trader mixes 2 kg of butter which costs ₹500 per kg with 3kg of butter which costs₹420 per kg . He sells the mixture at ₹150 per 250g. Express his profit as a percentage of his selling price

Answer 1

Answer:

22.66%

Step-by-step explanation:

price of 2 kg of butter which costs ₹500 per kg = 2 ×500 =1000₹

price of 3 kg of butter which costs ₹420 per kg= 3 ×420= 1260₹

total price = 1000+1260 =2260₹

now,.

price of mixed butter which costs ₹150 per 250gm so ₹600 per kg

(since 250×4=1000g)

and 1000g= 1kg.

so price of total mixed butter =600×5 = ₹3000

now,

cost price =₹2260

and selling price = ₹3000

gain = (S.P - C.P)

= 3000 - 2260

= ₹740

now profit as percentage

= gain /S.P × 100

= 740/3000 ×100

= 24.66%