Coffee costing rs. 450 per kg was mixed with chicory costing Rs.225per kg in the ratio 5:2 for a certain blend.if the mixture was sold at Rs .405 per kg ,find the gain or loss percent.
Answers
Answer:
The profit percentage is 5%.
Step-by-step explanation:
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%.
Answer:
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 = 450\times 5x+225\times 2x450×5x+225×2x
Total cost of 7x kg of mixture is = 2250x+450x2250x+450x
Total cost of 7x kg of mixture is = 2700x2700x
Cost price of 1 kg of mixture is = \frac{2700x}{7x}7x2700x
Cost price of 1 kg of mixture is = 385.71385.71
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