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?

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? Correct Answer Rs. 25.69

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 14.40280 + 120 + 10.454368 + 1728400 + 10.45=> 15.24 + 10.45= 25.69 

Related Questions

The following question has three statements. Study the question and the statements and decide which of the statement(s) is necessary to answer the question. A shopkeeper mixed 20 kg of rice costing Rs. 40 per kg with 30 kg of rice costing Rs. 60 per kg. How much profit money did he earn after selling the mixture? I) His selling price is Rs. 90 per kg. II) He earned a profit of 1200/13%. III) He used a faulty weight of 900 g instead of 1 kg.