A trader purchased 80 kg rice at 15 per kg. He also purchased 120kg for rice at 20rs per kg. He mixed both the qualities of rice. What should be his SP per kg so that he may gain 25% in the entire deal
Answers
Working out:
In the question, a shopkeeper buys certain amount of rice at different price depending upon the amount.
Now we need to find the total cost price and then finally we will find the selling price wrt to gain percentage.
So, let's find CP:
Amt. of sugar bought at Rs. 15/kg = 80 kg
CP of this set of sugar = 80 × 15 = Rs. 1200
Amt. of sugar bought at Rs. 20/kg =120 kg
CP of this set of sugar= 120 × 20= Rs. 2400
Then,
Total CP = Rs.1200 + Rs.2400 = Rs. 3600
Total weight of sugar = 80 + 120= 200 kg
Now, Gain % = 25%
Selling price = Cost price + 25% of CP
This is the total selling price.
Selling price per kg = Rs. 4500 / 200 = Rs. 22.5
So, the final answer is:
And we are done !!
★ QUESTION :
A trader purchased 80kg rice at 15 per kg. He also purchased 120 kg for rice at 20₹ per kg. He mixed both the qualities of a rice. What should be its selling price per kg. So, that he may gain 25% in the entire deal.
GIVEN :
- 80kg rice purchased by a trader at an amount = ₹15 per kg.
- 120kg rice purchased by a trader at an amount = ₹20 per kg.
TO FIND :
- The selling price of a trader per kg = ? (at an gain = 25% from entire deal.)
STEP -BY-STEP EXPLAINATION :
➠ 80kg rice purchased by a trader at an amount = ₹15 per kg
Now, we will have to find cost price of the rice as per the given value 80 kg = ₹15 per kg.
⟹ Cost price of the rice at 80kg = 80 × 15 = ₹1,200 (For the first value given)
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➠ 120kg rice purchased by a trader at an amount = ₹20 per kg.
Now, we will have to find the cost price of the rise as per the given value 120kg = ₹20 per kg.
⟹ Cost price of the rice at 120kg = 120 × 20 = ₹2,400 (For the second value given)
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Therefore, the cost price (including the first and second value)
⟹ Cost price = Fist value + Second value
Substituting the values as per the given formula
⟹ Cost price = ₹ 1,200 + ₹2,400
⟹ Cost price = ₹3,600
Now, cost price which we have found here = ₹3,600 (including both the values found)
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Hence, the gain percent that is to be applied = 25% (The gain percent must be = 25%)
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So, substituting the values as per the given formula :
Now, we will find actual selling price, as per the given :
Therefore, the selling price in entire deal = ₹22.5