coffee costing rs.250 per kg was mixed with chicory costing rs.75 per kg in the ratio of 5:2 for a certain blend.If the mixture was sold at rs.230 per kg,find the gain or loss percent.
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5:2 = 5 Kg of 1st variety and 2 Kg of 2nd variety
Total = (5+2) Kg = 7 kg
CP of 7 kg of mixture = (5*250)+(2*75) = ₹(1250+150) = ₹1400
CP of 1 kg of mixture = 1400/7 = ₹200
SP = ₹230 per kg
Sp > CP ; hence there is a gain.
Gain = (Sp – CP) = ₹(230–200) = ₹30
Gain % = (gain/CP * 100)%
=> 30/200*100 => 15%
Ans => 15% is the gain%
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