Sam buys 40 kg of wheat at Rs. 6.25 per kg and 30 kg of wheat at Rs. 7 per kg. At what rate per kg should he sell the mixture to gain 5% on the whole?
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Answer:
- 3.9 Rs/ Kg
Step-by-step explanation:
- 40kg of wheat at Rs 6.25/kg, Price= 250 (6.25 X 40)
- 30kg of wheat at Rs 7/kg, Price= 210 (7 X 30)
- Total Price= 250+210= 260
- Add 5% profit= 5% of 260= 13, 260+13= 273
- 273/70= 3.9 Rs/ Kg
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