Correct Answer: Rs. 25.69
Explanation:
Step 1: Calculate total cost for each type of rice
Step 2: Calculate total quantity and total cost
Total Quantity = 280 + 120 = 400 kg Total Cost = 4,368 + 1,728 = Rs. 6,096
Step 3: Calculate the cost price per kg of the mixture
Cost Price per kg = 6,096 / 400 = Rs. 15.24
Step 4: Add profit to find selling price
Desired Profit per kg = Rs. 10.45 Selling Price per kg = Cost Price + Profit = 15.24 + 10.45 = Rs. 25.69
Answer: Rs. 25.69 per kg
To earn a profit of Rs. 10.45 per kg, Shiva should sell the rice mixture at Rs. 25.69 per kg.
This is a typical question from the profit and loss section of quantitative aptitude. It demonstrates the use of weighted average cost and simple profit addition to calculate the final selling price.
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