A trader mixes 25% Vanaspati Ghee to Desi ghee and then he sells the whole mixture at the price of Desi ghee. If the cost price of Vanaspati Ghee be 50% of the cost price of Desi ghee, what is the net profit percentage?
Answers
Answer:
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Step-by-step explanation:
=>Let quantity of Desi ghee = 100 litre
=>Then quantity of Vanaspati Ghee mixed = 25 litre
=>Let cost price of one litre Desi ghee = Rs.10
=>Let cost price of one litre Vanaspati Ghee = Rs.5
=>Total cost price = 100 × 10 + 25 × 5 = 1125
=>Total selling price = (100 + 25)×10 = 1250
=>Profit = 1250 - 1125 = 125
=>Net profit percentage
profit percentage(125×100)/1125 = 100/9 = 11 1/9%
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=>Let quantity of Desi ghee = 100 litre
=>Then quantity of Vanaspati Ghee mixed = 25 litre
=>Let cost price of one litre Desi ghee = Rs.10
=>Let cost price of one litre Vanaspati Ghee = Rs.5
=>Total cost price = 100 × 10 + 25 × 5 = 1125
=>Total selling price = (100 + 25)×10 = 1250
=>Profit = 1250 - 1125 = 125
=>Net profit percentage
profit percentage(125×100)/1125 = 100/9 = 11 1/9%