two varieties of cement costing rupees 450 per bag and rupees 150 per bag are mixed in the ratio 3 : 2 . if the mixture is sold for rupee 350 per bag ,find profit or loss percent. [1 bag = 100 kg]
Answers
Step-by-step explanation:
Given: 1st verity of cement = 450Rs.
2nd verity of cement=150 Rs.
The ratio of mixture is 3:2
i.e 3 bags of 1st verity cement & 2 bags of 2nd verity cement .
Cost of this mixture = (3×450) + (2×150)
= 1350 + 300
= 1650 Rs .....(1)
Mixture contains 5 bags of cement
selling price of mixture is 350 Rs per
selling price of mixture is 350 Rs per bag
Total selling price = 5×350
= 1750 Rs. .....(2)
From (1)&(2)
cost price < selling price
so,this deal makes a profit
Profit = S.P - C.P
= 1750 - 1650
= Rs.100
Profit % = Profit ×100
C.P.
= 100×100
1650
= 6.06 % approximately 6%
Ans. : Profit of 6%