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A shopkeeper mixed Type-A rice with Type-B rice in the ratio 4:1. Cost prices of Type-A rice and Type-B rice are 40/-per kg and 35/-per kg respectively. By selling the mixture he earned 12% profit. Find the approximate selling price per kg of mixture ?
- a)39.5
- b)39
- c)43.5
- d)43
Correct answer is option 'C'. Can you explain this answer?
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Verified Answer
A shopkeeper mixed Type-A rice with Type-B rice in the ratio 4:1. Cost...
Let the shopkeeper mixed 4 kgs of Type A & 1 kg of Type B.
CP of mixture = 4(40)+1(350 = 195/- per 5 kgs = 195/5 per kg = 39/- per kg
Selling price = 112% of (39) = 1.12(39) = 43.68 \sim∼ 43.5/- per kg
So the answer is option C.
Most Upvoted Answer
A shopkeeper mixed Type-A rice with Type-B rice in the ratio 4:1. Cost...
Let's assume that the shopkeeper mixed 4 kg of Type-A rice with 1 kg of Type-B rice to obtain a total of 5 kg of the mixture.
The cost price of Type-A rice is 40/- per kg, so the cost of 4 kg of Type-A rice is 4 * 40 = 160/-.
Similarly, the cost price of Type-B rice is 35/- per kg, so the cost of 1 kg of Type-B rice is 1 * 35 = 35/-.
Therefore, the total cost price of the mixture is 160/- + 35/- = 195/-.
Now, let's calculate the selling price per kg of the mixture to earn a 12% profit.
Profit% = (Profit/Cost price) * 100
12 = (Profit/195) * 100
Profit = (12/100) * 195 = 23.4/- (approx)
To calculate the selling price, we add the profit to the cost price.
Selling price = Cost price + Profit = 195/- + 23.4/- = 218.4/- (approx)
Since the shopkeeper obtained 5 kg of the mixture, the selling price per kg of the mixture is 218.4/5 = 43.68/- (approx).
Therefore, the approximate selling price per kg of the mixture is 43.5/- (option C).
The cost price of Type-A rice is 40/- per kg, so the cost of 4 kg of Type-A rice is 4 * 40 = 160/-.
Similarly, the cost price of Type-B rice is 35/- per kg, so the cost of 1 kg of Type-B rice is 1 * 35 = 35/-.
Therefore, the total cost price of the mixture is 160/- + 35/- = 195/-.
Now, let's calculate the selling price per kg of the mixture to earn a 12% profit.
Profit% = (Profit/Cost price) * 100
12 = (Profit/195) * 100
Profit = (12/100) * 195 = 23.4/- (approx)
To calculate the selling price, we add the profit to the cost price.
Selling price = Cost price + Profit = 195/- + 23.4/- = 218.4/- (approx)
Since the shopkeeper obtained 5 kg of the mixture, the selling price per kg of the mixture is 218.4/5 = 43.68/- (approx).
Therefore, the approximate selling price per kg of the mixture is 43.5/- (option C).
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A shopkeeper mixed Type-A rice with Type-B rice in the ratio 4:1. Cost prices of Type-A rice and Type-B rice are 40/-per kg and 35/-per kg respectively. By selling the mixture he earned 12% profit. Find the approximate selling price per kg of mixture ?a)39.5b)39c)43.5d)43Correct answer is option 'C'. Can you explain this answer?
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A shopkeeper mixed Type-A rice with Type-B rice in the ratio 4:1. Cost prices of Type-A rice and Type-B rice are 40/-per kg and 35/-per kg respectively. By selling the mixture he earned 12% profit. Find the approximate selling price per kg of mixture ?a)39.5b)39c)43.5d)43Correct answer is option 'C'. Can you explain this answer? for Railways 2024 is part of Railways preparation. The Question and answers have been prepared according to the Railways exam syllabus. Information about A shopkeeper mixed Type-A rice with Type-B rice in the ratio 4:1. Cost prices of Type-A rice and Type-B rice are 40/-per kg and 35/-per kg respectively. By selling the mixture he earned 12% profit. Find the approximate selling price per kg of mixture ?a)39.5b)39c)43.5d)43Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Railways 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A shopkeeper mixed Type-A rice with Type-B rice in the ratio 4:1. Cost prices of Type-A rice and Type-B rice are 40/-per kg and 35/-per kg respectively. By selling the mixture he earned 12% profit. Find the approximate selling price per kg of mixture ?a)39.5b)39c)43.5d)43Correct answer is option 'C'. Can you explain this answer?.
A shopkeeper mixed Type-A rice with Type-B rice in the ratio 4:1. Cost prices of Type-A rice and Type-B rice are 40/-per kg and 35/-per kg respectively. By selling the mixture he earned 12% profit. Find the approximate selling price per kg of mixture ?a)39.5b)39c)43.5d)43Correct answer is option 'C'. Can you explain this answer? for Railways 2024 is part of Railways preparation. The Question and answers have been prepared according to the Railways exam syllabus. Information about A shopkeeper mixed Type-A rice with Type-B rice in the ratio 4:1. Cost prices of Type-A rice and Type-B rice are 40/-per kg and 35/-per kg respectively. By selling the mixture he earned 12% profit. Find the approximate selling price per kg of mixture ?a)39.5b)39c)43.5d)43Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Railways 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A shopkeeper mixed Type-A rice with Type-B rice in the ratio 4:1. Cost prices of Type-A rice and Type-B rice are 40/-per kg and 35/-per kg respectively. By selling the mixture he earned 12% profit. Find the approximate selling price per kg of mixture ?a)39.5b)39c)43.5d)43Correct answer is option 'C'. Can you explain this answer?.
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