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A shopkeeper mixes two different varieties of Mangoes costing Rs. 100, Rs. 120 per kg in the ratio 4 : 2 in terms of weight and sells mixed mangoes at Rs. 115 per kg. What is his percentage of profit?
- a)15.36%
- b)11.23%
- c)7.81%
- d)9%
Correct answer is option 'C'. Can you explain this answer?
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Verified Answer
A shopkeeper mixes two different varieties of Mangoes costing Rs. 100,...
GIVEN:
Cost of two different varieties of mangoes = Rs. 100 and Rs. 120 per kg
Ratio of mixture = 4 : 2
Selling price of Mangoes = Rs. 115 per kg
Cost of two different varieties of mangoes = Rs. 100 and Rs. 120 per kg
Ratio of mixture = 4 : 2
Selling price of Mangoes = Rs. 115 per kg
CALCULATION:
Let the shopkeeper bought = 4 + 2 = 6 kg
Cost price of 6 kg mangoes = 4 × 100 + 2 × 120 = Rs. 640
Selling price of 6 kg mangoes = 6 × 115 = Rs. 690
Profit = 690 – 640 = 50
Profit percentage =
= (50/640) × 100
= 7.81%
Let the shopkeeper bought = 4 + 2 = 6 kg
Cost price of 6 kg mangoes = 4 × 100 + 2 × 120 = Rs. 640
Selling price of 6 kg mangoes = 6 × 115 = Rs. 690
Profit = 690 – 640 = 50
Profit percentage =
= (50/640) × 100
= 7.81%
Most Upvoted Answer
A shopkeeper mixes two different varieties of Mangoes costing Rs. 100,...
Given:
The cost of the first variety of mangoes = Rs. 100 per kg
The cost of the second variety of mangoes = Rs. 120 per kg
The ratio of the two varieties in terms of weight = 4:2
To Find:
The percentage of profit made by the shopkeeper
Solution:
Let's assume that the shopkeeper mixes 4 kg of the first variety of mangoes and 2 kg of the second variety of mangoes.
Cost Price:
The total cost price of the mangoes = (4 kg * Rs. 100/kg) + (2 kg * Rs. 120/kg)
= Rs. 400 + Rs. 240
= Rs. 640
Selling Price:
The selling price of the mixed mangoes = Rs. 115 per kg
Profit:
The profit made by the shopkeeper = Selling Price - Cost Price
= (6 kg * Rs. 115/kg) - Rs. 640
= Rs. 690 - Rs. 640
= Rs. 50
Percentage of Profit:
The percentage of profit = (Profit / Cost Price) * 100
= (50 / 640) * 100
= 7.81%
Therefore, the shopkeeper made a profit of 7.81%. Hence, the correct answer is option C.
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A shopkeeper mixes two different varieties of Mangoes costing Rs. 100, Rs. 120 per kg in the ratio 4 : 2 in terms of weight and sells mixed mangoes at Rs. 115 per kg. What is his percentage of profit?a)15.36%b)11.23%c)7.81%d)9%Correct answer is option 'C'. Can you explain this answer?
Question Description
A shopkeeper mixes two different varieties of Mangoes costing Rs. 100, Rs. 120 per kg in the ratio 4 : 2 in terms of weight and sells mixed mangoes at Rs. 115 per kg. What is his percentage of profit?a)15.36%b)11.23%c)7.81%d)9%Correct answer is option 'C'. Can you explain this answer? for Defence 2024 is part of Defence preparation. The Question and answers have been prepared according to the Defence exam syllabus. Information about A shopkeeper mixes two different varieties of Mangoes costing Rs. 100, Rs. 120 per kg in the ratio 4 : 2 in terms of weight and sells mixed mangoes at Rs. 115 per kg. What is his percentage of profit?a)15.36%b)11.23%c)7.81%d)9%Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Defence 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A shopkeeper mixes two different varieties of Mangoes costing Rs. 100, Rs. 120 per kg in the ratio 4 : 2 in terms of weight and sells mixed mangoes at Rs. 115 per kg. What is his percentage of profit?a)15.36%b)11.23%c)7.81%d)9%Correct answer is option 'C'. Can you explain this answer?.
A shopkeeper mixes two different varieties of Mangoes costing Rs. 100, Rs. 120 per kg in the ratio 4 : 2 in terms of weight and sells mixed mangoes at Rs. 115 per kg. What is his percentage of profit?a)15.36%b)11.23%c)7.81%d)9%Correct answer is option 'C'. Can you explain this answer? for Defence 2024 is part of Defence preparation. The Question and answers have been prepared according to the Defence exam syllabus. Information about A shopkeeper mixes two different varieties of Mangoes costing Rs. 100, Rs. 120 per kg in the ratio 4 : 2 in terms of weight and sells mixed mangoes at Rs. 115 per kg. What is his percentage of profit?a)15.36%b)11.23%c)7.81%d)9%Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Defence 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A shopkeeper mixes two different varieties of Mangoes costing Rs. 100, Rs. 120 per kg in the ratio 4 : 2 in terms of weight and sells mixed mangoes at Rs. 115 per kg. What is his percentage of profit?a)15.36%b)11.23%c)7.81%d)9%Correct answer is option 'C'. Can you explain this answer?.
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