Coffee costing ₹ 450 per kg was mixed with Chicory costing ₹ 225 per kg in the ratio 5 : 2 for
a certain blend. If the mixture was sold at ₹ 405 per kg; find the gain or loss per cent.
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Given :
Coffee costing Rs.450 per kg was mixed with chicory costing Rs.225 per kg in the ratio 5:2 for a certain blend. If the mixture was sold at Rs.405 per kg.
To find : The gain or loss percent?
Solution :
Let the ratio be divided by 'x'
So, The ratio became 5x and 2x.
Coffee costing Rs.450 per kg was mixed with chicory costing Rs.225 per kg in the ratio 5:2 for a certain blend.
i.e. Total cost of 7x kg of mixture is =
Total cost of 7x kg of mixture is =
Total cost of 7x kg of mixture is =
Cost price of 1 kg of mixture is =
Cost price of 1 kg of mixture is =
Selling price of 1 kg mixture = Rs.405
So, S.P>C.P there is a profit.
Profit = S.P-C.P
Profit = Rs.405-Rs.385.71
Profit = Rs.19.29
Profit percentage is,
Therefore, The profit percentage is 5%.
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