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A shopkeeper mixes 3 kg of sugar costing Rs. 28 per kg with 2 kg of sugar costing Rs. 25 per kg. At what price should he sell the mixture, so as to earn a profit of 15%?1). Rs. 27.50 per kg2). Rs. 28.36 per kg3). Rs. 29.24 per kg4). Rs. 30.82 per kg |
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Answer» COST price of 5 kg sugar MIXTURE = 3 × 28 + 2 × 25 = 84 + 50 = Rs. 134 SELLING price of 5 kg mixture = Cost price + PROFIT = 134 + 15% of 134 = Rs. 154.1 ∴ Selling price of sugar mixture = 154.1/5 = Rs. 30.82 per kg |
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