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A man purchased two types of rice, price of first type rice is Rs 45 per kg and second type rice is 56 per kg. He mixed both types of rice and sold the mixture at Rs 60 per kg. How much he will gain after selling 2 kg of the mixture?

A man purchased two types of rice, price of first type rice is Rs 45 per kg and second type rice is 56 per kg. He mixed both types of rice and sold the mixture at Rs 60 per kg. How much he will gain after selling 2 kg of the mixture? Correct Answer Rs 19

Given:

Cost price of first type rice = Rs.45

Cost price of second type rice = Rs.56

Selling price of mixture = Rs.60

Formula used:

Profit = Selling price - cost price

Calculation:

Total cost price of both rice = (Rs.45 + Rs.56) = Rs.101

Selling price of 2 kg rice of type = Rs.60 × 2 = Rs.120

⇒ Profit = Rs.120 - Rs.101 = Rs.19

∴ Rs.19 will gain by man after selling 2 kg of the mixture.

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