A grocer purchased 20 kg of rice at the rate of Rs.15 per kg and 30 kg of rice at the rate of Rs.13 per kg. At what price per kg should he sell the mixture to earn 33.33% profit on the cost price?
Rs. 28.00
Incorrect AnswerRs. 20.00
Incorrect AnswerRs. 17.40
Incorrect AnswerExplanation:
COST OF 20 kg OF RICE AT Rs 15/kg — — — 300
COST OF 30 kg OF RICE AT Rs 13/kg — — — 390
COMBINED 50 kg OF RICE COSTS — — — — 690
PROFIT AT 33.33% — — — — — — — — — 230
TOTAL SELLING RATE OF 50 kg OF RICE — = 920
UNIT SELLING PRICE PER kg — — — — — 920/50 = 18.40
![]()
By: Amit Kumar