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A wholesaler mixes 23 kg of rice at Rs. 24 per kg with 27 kg of rice of other variety at Rs. 37 per kg and sells the mixture at Rs. 35 per kg. His profit percent is
- a)12.83%
- b)7.56%
- c)10.31%
- d)15.32%
Correct answer is option 'A'. Can you explain this answer?
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Verified Answer
A wholesaler mixes 23 kg of rice at Rs. 24 per kg with 27 kg of rice o...
As per the given data,
Cost price of 23 kg of rice = 24 × 23 = Rs.552
Cost price of 27 kg of rice = 27 × 37 = Rs.999
∴ cost price of 50 kg of rice = Rs.552 + Rs.999 = Rs.1551
Also given that he sells at Rs.35 per kg
⇒ selling price of 50 kg of rice = 50 × 35 = 1750
∴ profit percent = (sp - cp/cp × 100)
= (1750 – 1551/1551 × 100)
= 12.83 %
Cost price of 23 kg of rice = 24 × 23 = Rs.552
Cost price of 27 kg of rice = 27 × 37 = Rs.999
∴ cost price of 50 kg of rice = Rs.552 + Rs.999 = Rs.1551
Also given that he sells at Rs.35 per kg
⇒ selling price of 50 kg of rice = 50 × 35 = 1750
∴ profit percent = (sp - cp/cp × 100)
= (1750 – 1551/1551 × 100)
= 12.83 %
Most Upvoted Answer
A wholesaler mixes 23 kg of rice at Rs. 24 per kg with 27 kg of rice o...
Given:
- Quantity of first variety of rice = 23 kg
- Price of first variety of rice = Rs. 24 per kg
- Quantity of second variety of rice = 27 kg
- Price of second variety of rice = Rs. 37 per kg
- Selling price of the mixture = Rs. 35 per kg
To find: Profit percent
Solution:
1. Cost price of first variety of rice = 23 × 24 = Rs. 552
2. Cost price of second variety of rice = 27 × 37 = Rs. 999
3. Total cost price of the mixture = 552 + 999 = Rs. 1551
4. Selling price of the mixture = 35 × 50 = Rs. 1750
5. Profit = Selling price - Cost price = 1750 - 1551 = Rs. 199
6. Profit percent = (Profit / Cost price) × 100
= (199 / 1551) × 100
= 12.83%
Therefore, the profit percent is 12.83%. Option A is the correct answer.
- Quantity of first variety of rice = 23 kg
- Price of first variety of rice = Rs. 24 per kg
- Quantity of second variety of rice = 27 kg
- Price of second variety of rice = Rs. 37 per kg
- Selling price of the mixture = Rs. 35 per kg
To find: Profit percent
Solution:
1. Cost price of first variety of rice = 23 × 24 = Rs. 552
2. Cost price of second variety of rice = 27 × 37 = Rs. 999
3. Total cost price of the mixture = 552 + 999 = Rs. 1551
4. Selling price of the mixture = 35 × 50 = Rs. 1750
5. Profit = Selling price - Cost price = 1750 - 1551 = Rs. 199
6. Profit percent = (Profit / Cost price) × 100
= (199 / 1551) × 100
= 12.83%
Therefore, the profit percent is 12.83%. Option A is the correct answer.
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A wholesaler mixes 23 kg of rice at Rs. 24 per kg with 27 kg of rice of other variety at Rs. 37 per kg and sells the mixture at Rs. 35 per kg. His profit percent isa)12.83%b)7.56%c)10.31%d)15.32%Correct answer is option 'A'. Can you explain this answer?
Question Description
A wholesaler mixes 23 kg of rice at Rs. 24 per kg with 27 kg of rice of other variety at Rs. 37 per kg and sells the mixture at Rs. 35 per kg. His profit percent isa)12.83%b)7.56%c)10.31%d)15.32%Correct answer is option 'A'. Can you explain this answer? for SSC 2024 is part of SSC preparation. The Question and answers have been prepared according to the SSC exam syllabus. Information about A wholesaler mixes 23 kg of rice at Rs. 24 per kg with 27 kg of rice of other variety at Rs. 37 per kg and sells the mixture at Rs. 35 per kg. His profit percent isa)12.83%b)7.56%c)10.31%d)15.32%Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for SSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A wholesaler mixes 23 kg of rice at Rs. 24 per kg with 27 kg of rice of other variety at Rs. 37 per kg and sells the mixture at Rs. 35 per kg. His profit percent isa)12.83%b)7.56%c)10.31%d)15.32%Correct answer is option 'A'. Can you explain this answer?.
A wholesaler mixes 23 kg of rice at Rs. 24 per kg with 27 kg of rice of other variety at Rs. 37 per kg and sells the mixture at Rs. 35 per kg. His profit percent isa)12.83%b)7.56%c)10.31%d)15.32%Correct answer is option 'A'. Can you explain this answer? for SSC 2024 is part of SSC preparation. The Question and answers have been prepared according to the SSC exam syllabus. Information about A wholesaler mixes 23 kg of rice at Rs. 24 per kg with 27 kg of rice of other variety at Rs. 37 per kg and sells the mixture at Rs. 35 per kg. His profit percent isa)12.83%b)7.56%c)10.31%d)15.32%Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for SSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A wholesaler mixes 23 kg of rice at Rs. 24 per kg with 27 kg of rice of other variety at Rs. 37 per kg and sells the mixture at Rs. 35 per kg. His profit percent isa)12.83%b)7.56%c)10.31%d)15.32%Correct answer is option 'A'. Can you explain this answer?.
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A wholesaler mixes 23 kg of rice at Rs. 24 per kg with 27 kg of rice of other variety at Rs. 37 per kg and sells the mixture at Rs. 35 per kg. His profit percent isa)12.83%b)7.56%c)10.31%d)15.32%Correct answer is option 'A'. Can you explain this answer?, a detailed solution for A wholesaler mixes 23 kg of rice at Rs. 24 per kg with 27 kg of rice of other variety at Rs. 37 per kg and sells the mixture at Rs. 35 per kg. His profit percent isa)12.83%b)7.56%c)10.31%d)15.32%Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of A wholesaler mixes 23 kg of rice at Rs. 24 per kg with 27 kg of rice of other variety at Rs. 37 per kg and sells the mixture at Rs. 35 per kg. His profit percent isa)12.83%b)7.56%c)10.31%d)15.32%Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an
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