Tea merchant blends two varieties of tea in the ratio of 5: 4. The cost of first variety is ₹ 200 per kg and that of second variety is ₹ 300 per kg. If he sells the blended tea at the rate of ₹ 275 per kg, find out the percentage of her profit or loss.
Answers
Answer:
The value of profit percentage = 12.5 %
Step-by-step explanation:
Tea merchant blends two varieties of tea in the ratio = 5 : 4.
The cost of first variety is = ₹ 200 per kg
Total cost of first variety is = 200 × 5 = ₹ 1000
The cost of second variety is = ₹ 300 per kg
Total cost of second variety is = 300 × 4 = ₹ 1200
Total cost of two varieties together = 1000 + 1200 = ₹ 2200
Total selling cost two varieties together = 9 × 275 = ₹ 2475
% Profit = × 100
% Profit = 12.5 %
This is the value of profit percentage.
Answer:
12.5%
Step-by-step explanation:
Tea merchant blends two varieties of tea in the ratio = 5 : 4.
The cost of first variety is = ₹ 200 per kg
Total cost of first variety is = 200 × 5 = ₹ 1000
The cost of second variety is = ₹ 300 per kg
Total cost of second variety is = 300 × 4 = ₹ 1200
Total cost of two varieties together = 1000 + 1200 = ₹ 2200
Total selling cost two varieties together = 9 × 275 = ₹ 2475
% Profit = \frac{2475 - 2200}{2200}
2200
2475−2200
× 100
% Profit = 12.5 %
This is the value of profit percentage