A wholesale vinegar merchant bought 300 litres of vinegar at £1.50 a litre and
75 litres of a more expensive vinegar. He mixed the two types of vinegar and
sold it for £2.10 per litre, making a profit of 25%.
Find how much he paid per litre [in £] for the more expensive vinegar.
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Answer:
2.4
Step-by-step explanation:
So cheap vinegar(300l) + expensive vinegar(75l) = normal vinegar (375l)
let expensive vinegar total price be x
price of total cheap vinegar = 300 * 1.5£ = 450£
price of total normal vinegar = 375 * 2.1£ = 787.5£ (this price is 25% more than original price)
so CP = SP * 100/100+profit
So CP = 787.5 * 100/125
= 630£
now 450 + x =630
x = 630 - 450 = 180£
now price of 1l of expensive vinegar = 180/75 = 2.4
So the answer is 2.4
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