A Producer Of Tea Blends Two Varieties Of Tea From Two Tea Gardens On

1.	A Producer Of Tea Blends Two Varieties Of Tea From Two Tea Gardens One Costing Rs 18 Per Kg And Another Rs 20 Per Kg In The Ratio 5 : 3. If He Sells The Blended Variety At Rs 21 Per Kg, Then His Gain Percent Is?
Answer» Suppose he BOUGHT 5 kg and 3 kg of tea. Cost Price = Rs. (5 x 18 + 3 x 20) = Rs. 150. Selling price = Rs. (8 x 21) = Rs. 168. Profit = 168 - 150 = 18 So, Profit % = (18/150) * 100 = 12%. Suppose he bought 5 kg and 3 kg of tea. Cost Price = Rs. (5 x 18 + 3 x 20) = Rs. 150. Selling price = Rs. (8 x 21) = Rs. 168. Profit = 168 - 150 = 18 So, Profit % = (18/150) * 100 = 12%.

A Producer Of Tea Blends Two Varieties Of Tea From Two Tea Gardens One Costing Rs 18 Per Kg And Another Rs 20 Per Kg In The Ratio 5 : 3. If He Sells The Blended Variety At Rs 21 Per Kg, Then His Gain Percent Is?

Answer»

Suppose he BOUGHT 5 kg and 3 kg of tea.

Cost Price = Rs. (5 x 18 + 3 x 20) = Rs. 150.

Selling price = Rs. (8 x 21) = Rs. 168.

Profit = 168 - 150 = 18

So, Profit % = (18/150) * 100 = 12%.

Suppose he bought 5 kg and 3 kg of tea.

Cost Price = Rs. (5 x 18 + 3 x 20) = Rs. 150.

Selling price = Rs. (8 x 21) = Rs. 168.

Profit = 168 - 150 = 18

So, Profit % = (18/150) * 100 = 12%.