Question

two varieties of cashew nuts costing ₹650 and ₹900 kg are mixed in the ratio of 2 : 3 to create a new variety.if the mixed variety is sold at rupees 900 per kg, find the gain or loss percent

Answer 1

Find the cost price of 1kg of the new variety:

1 kg of cashew nuts 1 =  ₹650

2 kg of cashew nuts 1 = 650 x 2 = ₹ 1300

1 kg of cashew nuts 2 = ₹900

3 kg of cashew nuts 2 = 900 x 3 = ₹ 2700

Therefore,

5kg = 1300 + 2700

5kg = ₹4000

1kg = 4000 ÷ 5

1 kg  = ₹800

Find the profit :

Since Selling Price is greater than cost price, it is a profit

Profit = Selling Price - Cost Price

Profit = 900 - 800 = ₹100

Find the profit percentage:

Profit percentage = profit/cost price x 100

Profit percentage = 100/800 x 100 = 12.5%

Answer: The profit is 12.5%

Answer 2

Answer:

12.5%

Step-by-step explanation:

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