Gautam bought 30kg of rice at rupees 25 per kg and 40kg of rice at rupees 28 per kg .He mixed the two varieties and sold the mixture at rupees 36 per kg . Find his gain in whole transaction
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riyasharma101128:
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Given :
Gautam bought 30 kg of rice at rupees 25 per kg.
Cost Price of 30 kg of rice = Rs (25 × 30) = Rs 750
40 kg of rice at rupees 28 per kg.
Cost Price of 40 kg rice = Rs (28 × 40) = Rs 1120
Total weight of both the varieties of rice = (30 + 40) kg = 70 kg
Total cost price of both the varieties of rice = Rs (750 + 1120) = Rs 1870
Selling price of 70 kg of rice at 36 per/kg
= Rs (70 × 36) = Rs 2520
Selling price of rice is greater than the Cost price of rice. Therefore, Gain.
Gain = S.P - C.P
= Rs (2520 - 1870)
= Rs 650
Hence,
His gain in whole transaction = Rs 650
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the answer 650
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