Amir Chand purchases tea at ₹ 9/kg and an equal quantity at ₹ 7/kg. He mixes them and sells for ₹ 8/kg. Find his profit or loss percent.
Answers
Answered by
7
Let the quantity be x
So cost of tea is 9x and the cost of 2nd tea is 7x
All together the cost or CP= 9x+ 7x = 16x
Selling price or SP is 8x
Here CP>SP
So Loss = CP - SP= 16x - 8x = 8x
Loss% = 8x/16x X 100
= 50%
Thus loss% is 50%.
So cost of tea is 9x and the cost of 2nd tea is 7x
All together the cost or CP= 9x+ 7x = 16x
Selling price or SP is 8x
Here CP>SP
So Loss = CP - SP= 16x - 8x = 8x
Loss% = 8x/16x X 100
= 50%
Thus loss% is 50%.
EEG:
Thanks!
Answered by
1
Answer:
Step-by-step explanation:
Attachments:
Similar questions