Advertisements
Advertisements
Question
A tea merchant blends two varieties of tea in the ratio of 5 : 4. The cost of first variety is ₹ 200 per kg and that of second variety is ₹ 300 per kg. If he sells the blended tea at the rate of ₹ 275 per kg, find out the percentage of her profit or loss.
Advertisements
Solution
Let quantity of first variety and second variety of tea be 5x kg and 4x kg respectively.
Cost of first variety of tea = ₹ (200 × 5x) = ₹ 1000x
Cost of second variety of tea = ₹ (300 × 4x) = ₹ 1200x
Total cost price of tea = ₹ (1000x + 1200x) = ₹ 2200x
Selling price of tea = ₹ (9x × 275) = ₹ 2475x
Here, S.P. > C.P.
Therefore, there is a profit of = ₹ (2475x – 2200x) = ₹ 275x
Profit % = `"Profit"/"C.P." xx 100 = (275x)/(2200x) xx 100` = 12.5%
APPEARS IN
RELATED QUESTIONS
Tell what is the profit or loss in the following transaction. Also find profit percent or loss percent in given case.
A refrigerator bought for ₹ 12,000 and sold at ₹ 13,500.
Tell what is the profit or loss in the following transaction. Also find profit percent or loss percent in given case.
A cupboard bought for ₹ 2,500 and sold at ₹ 3,000.
A shopkeeper bought locks at the rate of 8 locks for Rs.520 and sold them at the rate of 12 locks for Rs.936. Calculate his gain or loss percent and the number of locks he should sell to earn a net profit of Rs.520.
A certain number of eggs are bought at 4 for 5 and an equal number at 9 for Rs.10. If 15% were broken in transaction and remaining were sold at 2 for Rs.3, find the profit percent and the number of eggs of each kind bought, if Rs.510 were gained on the whole.
Maganlal bought trousers for Rs 400 and a shirt for Rs 200 and sold them for Rs 448 and Rs 250 respectively. Which of these transactions was more profitable?
Selling price of a toy car is Rs. 540. If the profit made by the shopkeeper is 20%, what is the cost price of this toy?
Joseph bought a machine for Rs. 23500. He paid Rs. 1200 for transport and Rs. 300 as tax. If he sold it to a customer for Rs. 24250, what was his percent profit or loss?
Saritaben bought 18 chairs each at Rs. 700 and sold them all for Rs. 18900. What was the percentage of her profit or loss?
2 is what percentage of 50?
What percentage of 8 is 64?
