In what ratio, should rice at ₹60 per kg be mixed with rice at ₹42 per kg such that by selling the mixture at ₹56 per kg there is a gain of 12%?
Answer & explanation
Correct answer: option 1
⇒ CP of mixture x \(\frac{112}{100}\) = 56,
⇒ CP of mixture = Rs. 50.
⇒ Ratio = 8 : 10 = 4 : 5.