coffee costing coffee costing rupees 250 per kg was mixed with chicory costing Rs 75 per kg if the ratio 5 :2 for a certain bland if the mixture was sold at rupees to 230per kg find the gain or loss percent
Answers
Solution :
Let 5 kg of coffee be mixed with 2 kg of chicory.
Cost price of the mixture = Rs (250 × 5 + 75 × 2)
= Rs (1250 + 150)
= Rs 1400
Selling price of the mixture = Rs (7 × 230) = Rs 1610.
Since, Selling price > Cost price, there is a gain.
Now, gain = Rs (1610 - 1400)
= Rs 210.
Gain percentage = %
= %
= 15%
Answer:
Let 5 kg of coffee be mixed with 2 kg of chicory.
Cost price of the mixture = Rs (250 × 5 + 75 × 2)
= Rs (1250 + 150)
= Rs 1400
Selling price of the mixture = Rs (7 × 230) = Rs 1610.
Since, Selling price > Cost price, there is a gain.
Now, gain = Rs (1610 - 1400)
= Rs 210.
Gain percentage = %
= %
= 15%