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Shiva purchased 280 kg of Rice at the rate of 15.60/kg and mixed it with 120 kg of rice purchased at the rate of 14.40/kg. He wants to earn a profit of Rs. 10.45 per kg by selling it. What should be the selling price of the mix per kg?
23.56
24.85
25.69
26.94
Rate of rice of quantity 280 kg = Rs. 15.60/kg
Rate of rice of quantity 120 kg = Rs. 14.40/kg
He want to earn a profit of Rs. 10.45/kg
Rate of Mix to sell to get profit of 10.45
280 x 15.60 + 120 x 14.40 /280+120 + 10.45
= 4368 + 1728 /400 + 10.45
= 15.24 + 10.45 = 25.69.
Hence, option 3 is the correct answer.
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