Question

14 kg of rice ‘A is purchased for Rs 5/kg while 17 kg of rice ‘B’ is purchased for Rs 12/kg. If the mixture of the both types of rice is sold at Rs 12/kg, then find the profit/loss incurred to the seller.

Q: 14 kg of rice ‘A is purchased for Rs 5/kg while 17 kg of rice ‘B’ is purchased for

Total cost price = 14 × 5 + 17 × 12 = Rs. 274 Total selling price = (14 + 17) × 12 = Rs. 372 Profit earned = 372 – 274 = Rs. 98

A Rs. 190

B Rs. 110

C Rs. 98

D Rs. 97

E Rs. 77

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Question

14 kg of rice ‘A is purchased for Rs 5/kg while 17 kg of rice ‘B’ is purchased for Rs 12/kg. If the mixture of the both types of rice is sold at Rs 12/kg, then find the profit/loss incurred to the seller.

Solution

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