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,
find the gain or loss per cent.
Answers
Step-by-step explanation:
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 = 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}
7x
2700x
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
Profit = Rs.19.29
Profit percentage is
P\%=\frac{P}{CP}\times 100P%=
CP
P
×100
P\%=\frac{19.29}{385.71}\times 100P%=
385.71
19.29
×100
P\%= 5\%P%=5%
Therefore, The profit percentage is 5%.