A trader mixes 2 kg of butter which costs 500 per kg with 3 kg of butter which costs 420 kg. He sells the mixture at 150 per 250 g. Express his profit as a percentage of his selling
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Answer:
22.66%
Step-by-step explanation:
price of 2kg of butter which costs rupees 500 per
kg= 2x 500 = 1000 rupees
Price of 3 kg of butter which costs Rupees 420 per
Kg= 3x 420 = 1260 rupees
total Price = 1000+1260 = 2260 rupees
now..,
price of mixed butter which costs rupees 150 per
250 gm so rupees 600 per kg
(since 250x4=1000g)
and 1000g= 1 Kg.
so price of total mixed butter = 600x5 = rupees 3000
Now.,
cost price = ruppes 2260
and selling price = ruppes 3000
gain = (S.P-C.P)
= 3000-2260
= ruppes 740
now profit as Persantage
= gain/S.P x 100
= 740/3000 x 100
= 22.66%
It's correct answer
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