Coffee costing ₹450 per kg was mixed with Chicory costing ₹225 per kg in 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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Answer:
The profit percentage is 5%.
Step-by-step explanation:
cost price of 1kg coffee = rs. 450
cost of 1kg of chicory = rs. 225
Total cost price = 5 × 450 + 2 × 225
⇒ 2250 + 450 = Rs. 2700
cp of 7kg of coffee mix = 2700
sp of 1kg of coffee mix = 405
7kg of coffee mis = 7 × 405 = Rs. 2835
Here, S.P > C.P
Gain = 2835 - 2700 = 135
Gain% = (135/2700) × 100 = 5%
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