Question

    A shopkeeper bought 60 kg of apples at ₹80 per kg and

    40 kg of oranges at ₹60 per kg. If he wants to make a profit of 20% on the total cost, at what price per kg should he sell the mixed fruits?
    A ₹96 Correct Answer Incorrect Answer
    B ₹84.2 Correct Answer Incorrect Answer
    C ₹78 Correct Answer Incorrect Answer
    D ₹88 Correct Answer Incorrect Answer
    E ₹86.4 Correct Answer Incorrect Answer

    Solution

    Solution: Total cost of apples = 60 * 80 = ₹4,800. Total cost of oranges = 40 * 60 = ₹2,400. Total cost = 4,800 + 2,400 = ₹7,200. Desired profit = 20% of 7,200 = 1,440. Total selling price = 7,200 + 1,440 = ₹8,640. Total weight = 60 + 40 = 100 kg. Selling price per kg = 8,640 / 100 = ₹86.40. Correct answer: E) ₹86.40

    Practice Next
    More Profit and loss Questions
    ask-question