Question
A store owner mixes 20 kg of Basmati rice with ‘x’
kg of regular rice. He sold the mixture for Rs. 3,000 and earned a profit of 20%. The cost price of 1 kg of regular rice is Rs. 20 and Basmati rice is Rs. 60. Find the value of ‘x’.Solution
ATQ, Cost price of 20 kg Basmati rice = 20 × 60 = Rs. 1,200 Cost price of ‘x’ kg regular rice = Rs. 20x Cost price (CP) equation: 3000/1.20 = 1200+20x 20x = 2500−1200 20x = 1300, x = 65
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