Question

Mukesh purchase 40 kg of wheat ar rs 12.50 per kg and 25 kg of wheat at 15.10 rs per kg . He mixed the two quality of wheat for selling . At what rate should it be sold to gain 10%

Answer 1

CASE 1

Price of 1 KG of wheat = 12.50 Rs

Price of 40 KGS = 12.5 × 40

= 500 Rs

CASE 2

Now, Price of 1KG of wheat = 15.1 Rs

Price of 25 KGS of wheat = 15.1 × 25 = 377.5 Rs

Total price that he paid = (500 + 377.5) Rs

= 877. 5 Rs

Now, gain = 10%

Price: (877.5 + 10% of 877.5)Rs

= 877.5 + 87.75 Rs

= 965.25 Rs