Profit and Loss Practice Test 4

Question : 33 of 40

Marks: +1, -0

At what price must Kantilal sell a mixture of 80 kg sugar at Rs. 6.75 per kg with 120 kg at Rs. 8per kg to gain 20%?

Solution:

C.P. of 1 kg sugar

={80×6.75+120×8}/200=7.50

∴S.P. of 1 kg

=120/100×7.5

= Rs. 9 per kg

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