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?
Explanation:
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.
By: Amit Kumar ProfileResourcesReport error