Question

Two blends of tea costing Rs.350 and Rs.400 per kg were mixed in the ratio of 2 : 3 by weight. If one-fifth of the mixture is sold at Rs.460 per kg and the remaining at the rate of Rs.550 per kg, the profit percent will be, 50% 20% 30% 40%

Answer 1

Answer:

<3

Step-by-step explanation:

Answer 2

Answer:

Thus, Profit percentage is 40%

Explanation:

Given:

• Two blends of tea cost Rs. 350 and Rs. 400 per kg
• Ratio = 2:3
• One-fifth of the mixture is sold at 460/kg and the remaining at 550/kg

To Find:

Profit percentage

Formula:

Profit = Selling Price - Cost Price

Profit Percentage = $\frac{P*100}{CP}$

Solution:

The ratio is 2 : 3 for mixing both blends of tea.

Let us assume that the quantity of tea costing Rs. 350 is 2 Kg and the quantity of tea costing Rs. 400 is 3 kg. (In comparison to the ratio)

The cost price of 5 kgs of mixed tea = (Cost price of one tea x 2) + (Cost price of the other tea x 3)

Cost Price of 5 kgs mixed tea = (350 x 2) + (400 x 3)

Cost price of 5 kg mixed tea = 700 + 1200 = 1900

One-fifth of the total quantity (1/5 x 5) kg that is 1 kg was sold at Rs.460 a kg and the leftover is sold at Rs. 55 which is 4 kg.

Selling Price = (1 x 460) + (4 x 550)

Selling Price = 460 + 2200 = 2660

Profit - Selling Price - cost Price

Profit = 2660 - 1900

Profit = 760

Profit Percentage = $\frac{P*100}{CP}= \frac{760*100}{1900}= 40$%

Thus, Proft percentage is 40%

#SPJ2