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15.Amerchant mixes two varieties of rice, one costingき35 per kg and another at?45 per kg in the ratio of3:2. If he sells the mixed variety at 41.60 per kg, find his gain or loss percent. |
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Answer» 35 per kg and 45 per kg is in 3:2so average price is (35×3+45×2)/5=(105+90)/5=195/5=39now C.P.=39S.P.=41.6so profit=(41.6-39)/41.6=2.6/41.6×100=6.25% |
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