Question

A trader purchases coffee at the rate of 350 per kg and mixes it with chicory bought at the
rate of 70 per kg in the ratio of 5:2. If he sells the mixture at the rate of 300 per kg, find
This profit per cent.​

Answer 1

Answer:

10

Step-by-step explanation:

let's assume total mix to be 7 Kg

coffee needed = 5 Kg

price of coffee = 5*350 = 1750/-

chicory needed = 2 Kg

price = 2* 70 = 140/-

total price for 7 Kg = 1750 +140 = 1890/-

price per Kg = 1890/7 = 270/- per Kg

selling price 300 per kg

profit = 300-270 = 30/-

profit % =( 30/300) *100= 10%