Hari bought 20 kg of rice at $36 per kg and 25kg of rice at $32 per kg. He mixed the two varieties and sold the mixture at $38per kg.Find his gain persent in the whole transaction.
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Answered by
2
Step-by-step explanation:
Cost of 1 kg rice = Rs. 36 per kg
Cost of 20 kg rice = 36*20 = Rs. 720
Cost of 1 kg rice = Rs. 32 per kg
Cost of 25 kg rice = 32*25 = Rs. 800
Total quantity of rice = 20 + 25 = 45 kg
Cost of 45 kg rice = 720 + 800 = Rs. 1520
Selling price of the new mixture = Rs. 38 per kg
selling price of 45 kg rice = 38*45 = Rs. 1710
Gain = 1710 - 1520 = Rs. 190
Gain = Rs. 190
Gain % = (Gain*100)/cost price
⇒ (190*100)/1520
⇒ 19000/1520
= 12.5 %
So, on whole transaction, Hari got profit of 12.5 %
Answered by
2
Step-by-step explanation:
- 20kg @ $36 =20×36=720
- 25kg @ $32 =25×32=800
- 800+720=1520
As per given condition,
he mixed both varieties
- 20kg+25kg = 45kg
and he sold @ $38/kg
- 45kg×$38 =1710
so,
- Gain= 1710-1520
=$190
hence,answer is$190.
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