A trader mixes three varieties of groundnuts costing rs 50, rs 20 and rs 30 per kg in the ratio 2: 4 : 3 in terms of weight, and sells the mixture at rs 33 per kg. What percentage of profit does he make?
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Answer:
Step-by-step explanation:
rs 50,rs 20 and Rs. 30 per kg in the ratio 2 : 4 : 3
find the cost of 1 kg mixture
50*2+20*4+30*3=270
2+4+3=9
270/9=30
costprice=30
sellingprice=33
profit = 3
profit percent = 3/30 * 100=10%
Answered by
4
There is 10% of profit he makes.Hence, there is 10% of profit he makes.
Step-by-step explanation:
Since we have given that
Ratio of three varieties = 2:4:3
Cost of each three varieties i.e. Rs. 50, Rs.20, Rs. 30 respectively.
So, Total cost would be
Selling price of each varieties = Rs. 33
Total selling price would be
Since selling price is more than cost price.
So, Profit % would be
Hence, there is 10% of profit he makes.
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