At what price must Kantilal sell a mixture of 80 kg sugar at Rs. 6.75 per kg with 120 kg at Rs. 8 per kg to gain 20%?

Rs. 7.50 per kg
Rs. 8.20 per kg
Rs. 8.85 per kg
Rs. 8.76 per kg

Correct Answer: Rs. 8.76 per kg

Explanation:

Total C.P.of 200 kg of sugar = Rs. (80 x 6.75 + 120 x 8)
= Rs. (500 + 960)
= Rs. 1460
C.P. of 1 kg = Rs. 1460 / 200 = Rs. 7.30
Gain required = 20%
∴ S.P. of 1 kg = (120% of Rs. 7.30)
= Rs. (120/100) x 7.30
= Rs. 8.76 per kg

More Questions from Profit and Loss

The percent profit when an article is sold for Rs. 78 is twice as when it is sold for Rs. 69. The C.P. of the article is?
A trader by means of a false balance defrauder to the extent of 8% in buying goods and also defrauds to 8% in selling. His gain percent is?
Kabir buys an article with 25% discount on its marked price. He makes a profit of 10% by selling it at Rs. 660. The marked price is?
A discount series of 10%, 20% and 40% is equal to a single discount of?
The ratio of the prices of three different types of cars is 4 : 5 : 7. If the difference between the costliest and the cheapest cars is Rs. 60000 the price of the car of modest price is?
A man purchases an electric heater whose printed price is Rs. 160. If he received two successive discounts of 20% and 10% he paid?
A trader lists his articles 20% above C.P. and allows a discount of 10% on cash payment. His gain per cent is?
The difference between a discount of 40% on Rs. 500 and two successive discount of 36% and 4% on the same amount is?
By selling 45 oranges for Rs. 40, a man loss 20%. how many should he sell for Rs. 24 so as to gain 20% in the transaction?
The marked price of an article is Rs. 480. The shopkeeper allows a discount of 10% and gains 8%. If no discount is allowed, his gain percent would be?

Discussion & Comments

No comments yet. Be the first to comment!