Question
In what ratio rice at 46 Rs/kg should be mixed with the
rice at 35 Rs/kg so that selling mixture at Rs 44 per kg gives the profit of 10% if the quantity of 1st type of rice is 40 kg what will be the quantity of 2nd type of rice?Solution
Ratio = 5:6 1st type rice is 40 kg So, 5 means 40. Therefore, 2nd type rice = 40 x (6/5) = 48 kg
Account Receivable Turnover ratio is calculated by
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