A retailer bought 22 kg of rice at ₹35 per kg and 13 kg of rice at ₹30 per kg. What profit did he get when he mixed the two varieties together and sold it at ₹40 per kg? (correct to nearest integer) |
20 21 25 18 |
21 |
Variety 1 = 22 kg at Rs. 35 per kg Variety 2 = 13 kg at Rs. 30 per kg Total price of 22 kg = 22 × 35 = Rs. 770 Total price of 13 kg = 13 × 30 = Rs. 390 Total CP of 35 kg = 770 + 390 = Rs. 1160 SP of 1 kg rice = Rs. 40 SP of 35 kg rice = 40 × 35 = Rs. 1400 Profit = 1400 – 1160 = 240 Profit% = \(\frac{240}{1160}\) × 100 = 21% |