Subject: General Aptitude · Chapter: Profit and Loss · Exam: · Marks: · Difficulty:
A grocer purchased 80 kg of sugar at ` 13.50 per kg and mixed it with 120 kg sugar at ` 16 per kg. At what rate should he sell the mixture to gain 16%?
Answer
Answer (as printed):
Explanation
C.P. of 200 kg of mixture = ` (80 × 13.50 + 120 × 16) = ` 3000. 116 S.P. = 116% of ` 3000 = ` × 3000 = ` 3480. 100 3480 ∴ Rate of S.P. of the mixture = ` per kg = ` 17.40 per kg. 200
Explanation as extracted from the printed page; notation may be imperfect.