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Two varieties of rice are mixed in the ratio 2:5 and the mixture is sold at rs 12 per kg at a profit of 20 %. if the first variety costs rs 7 per kg more than the second variety , find the cost per kg of the first variety?
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Two varieties of rice are mixed in the ratio 2:5 and the mixture is so...
Given:
- Two varieties of rice are mixed in the ratio 2:5.
- The mixture is sold at Rs 12 per kg at a profit of 20%.
- The first variety costs Rs 7 per kg more than the second variety.

To find:
- The cost per kg of the first variety of rice.

Assumptions:
- Let the cost per kg of the second variety of rice be 'x'.
- The cost per kg of the first variety of rice will be 'x + 7'.

Solution:

Step 1: Determining the ratio
- Let the weight of the first variety of rice be '2x' kg.
- Let the weight of the second variety of rice be '5x' kg.
- The total weight of the mixture will be '2x + 5x' kg.

Step 2: Determining the cost of the mixture
- The total cost of the mixture can be calculated as follows:
Total cost = (cost per kg of the first variety * weight of the first variety) + (cost per kg of the second variety * weight of the second variety)
Total cost = (x + 7) * 2x + x * 5x
Total cost = 2x^2 + 14x + 5x^2
Total cost = 7x^2 + 14x

Step 3: Determining the selling price of the mixture
- The selling price of the mixture is given as Rs 12 per kg.
- The total selling price of the mixture can be calculated as follows:
Total selling price = selling price per kg * total weight of the mixture
Total selling price = 12 * (2x + 5x)
Total selling price = 12 * 7x
Total selling price = 84x

Step 4: Determining the profit percentage
- The profit percentage can be calculated using the formula:
Profit percentage = (Profit / Cost price) * 100
Profit percentage = ((Total selling price - Total cost) / Total cost) * 100
Profit percentage = ((84x - (7x^2 + 14x)) / (7x^2 + 14x)) * 100
Profit percentage = ((70x - 7x^2) / (7x^2 + 14x)) * 100
Profit percentage = (7x * (10 - x) / 7x * (x + 2)) * 100
Profit percentage = (10 - x) / (x + 2) * 100

Step 5: Solving the profit percentage equation
- As the profit percentage is given as 20%, we can write the equation as follows:
(10 - x) / (x + 2) * 100 = 20
10 - x = 20 * (x + 2)
10 - x = 20x + 40
21x = -30
x = -30 / 21
x = -10/7

Step 6: Finding the cost per kg of the first variety of
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Two varieties of rice are mixed in the ratio 2:5 and the mixture is sold at rs 12 per kg at a profit of 20 %. if the first variety costs rs 7 per kg more than the second variety , find the cost per kg of the first variety?
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Two varieties of rice are mixed in the ratio 2:5 and the mixture is sold at rs 12 per kg at a profit of 20 %. if the first variety costs rs 7 per kg more than the second variety , find the cost per kg of the first variety? for CAT 2024 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about Two varieties of rice are mixed in the ratio 2:5 and the mixture is sold at rs 12 per kg at a profit of 20 %. if the first variety costs rs 7 per kg more than the second variety , find the cost per kg of the first variety? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Two varieties of rice are mixed in the ratio 2:5 and the mixture is sold at rs 12 per kg at a profit of 20 %. if the first variety costs rs 7 per kg more than the second variety , find the cost per kg of the first variety?.
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