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?
Answers
Answered by
32
2:4:3 = 9kg
Total Cost of 9kg nut =(50×2) +(20×4)+(30×3)
=270
Total SP of 9kg nuts = 9×33=297
Profit =297-270= 27
Profit % = (27/270)×100= 10%
Answered by
8
Answer:
The profit % in the given transaction is 10%.
Step-by-step explanation:
The three varieties are mixed in the ratio of 2:4:3 and the prices of each variety has also been mentioned so cost price = Price *Quantity
Therefore, the total cost price becomes = (50*2) + (20*4) + ( 30*3) = Rs. 100+ 80+ 90 = Rs.270
Total quantity= 9 kg ( Let)
So the total selling price becomes= 33*9 = Rs.297
Therefore profit% = (Profit/ Cost price )* 100
Profit= Selling price- Cost price = Rs. 297-270 = Rs. 27
So the profit % =( 27/270)*100 = 10
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