Mohan purchased 50 kg of wheat at the rat… | Answer

Subject

Quantitative Aptitude

Topic

Profit & Loss

Mohan purchased 50 kg of wheat at the rate of Rs. 13.40 per kg and 40 kg of wheat at the rate of Rs. 16.75 per kg. He mixed the two and sold the mixture. Approximately at what price per kg should he sell the mixture to make 25% profit?
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ক)

Rs. 18.61

খ)

Rs. 18.20

গ)

Rs. 15.60

ঘ)

Rs. 14.80

ঙ)

Rs. 17.30

Explanation

C.P. of 50 kg of wheat @Rs. 13.4/kg = 50 × 13.4 = Rs. 670 C.P. of 40 kg of wheat @Rs. 16.75/kg = 40 × 16.75 = Rs. 670 Total C.P. of 90 kg of wheat = 670 + 670 = Rs. 1340 As per the given information, Mohan wants to earn a profit of 25%.

\therefore 25 = \frac{{{\rm{Total\;S}}.{\rm{P}}.{\rm{\;\;}} - {\rm{\;}}1340}}{{1340}}\; \times 100

⇒ Total S.P. = Rs. 1675 ⇒ Selling price of 90 kg of wheat = Rs. 1675 ⇒ Selling price of wheat per kg = 1675/90 = Rs. 18.61

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Mohan purchased 50 kg of wheat at the rate of Rs. 13.40 per kg and 40 kg of wheat at the rate of Rs. 16.75 per kg. He mixed the two and sold the mixture. Approximately at what price per kg should he sell the mixture to make 25% profit?Reading

Mohan purchased 50 kg of wheat at the rate of Rs. 13.40 per kg and 40 kg of wheat at the rate of Rs. 16.75 per kg. He mixed the two and sold the mixture. Approximately at what price per kg should he sell the mixture to make 25% profit?

Explanation

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Mohan purchased 50 kg of wheat at the rate of Rs. 13.40 per kg and 40 kg of wheat at the rate of Rs. 16.75 per kg. He mixed the two and sold the mixture. Approximately at what price per kg should he sell the mixture to make 25% profit?
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