Gunpowder is made by mixing saltpetre and nitrous oxide. Price of saltpetre is thrice of price of nitrous oxide. Glen sells the gunpowder for $2160 per 10gm, thereby making a profit of 20%. If the ratio of saltpetre and nitrous oxide in the mixture is 2:3, find the cost of saltpetre.
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The cost of each gram of saltpetre is $300
Step-by-step explanation:
Let the price of one gram of saltpeter is $3x and that of one gram of nitrous oxide is $x.
Now, in 10 gm of gun powder, the ratio of saltpeter and nitrous oxide is 2 : 3.
So, there are 4 gm of saltpeter and 6 gm of nitrous oxide in the mixture.
So, the cost price (C) of 10 gm of gun powder is $(4 × 3x + 6 × x) = $18x.
Now, given that Glen sells the gunpowder for $2160 per 10 gm, thereby making a profit of 20%.
So, we can write
⇒ 1.2C = 2160
⇒ C = $1800.
Hence, we can write 18x = 1800
⇒ x = 100
So, the cost of each gram of saltpetre is $3x = $300 (Answer)
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