UPSC Exam  >  UPSC Questions  >  A shopkeeper has 2 types of Rice. Type 1 of R... Start Learning for Free
A shopkeeper has 2 types of Rice. Type 1 of Rice is 20% costlier than type 2. He mixed these two types of Rice in some ratio and mark the price of mixture 10% above the cost price of type 2. On selling the whole mixture he earns a profit of 100% 43 Find out the ratio in which type 1?
Most Upvoted Answer
A shopkeeper has 2 types of Rice. Type 1 of Rice is 20% costlier than ...
Understanding the Problem
The shopkeeper has two types of Rice - Type 1 and Type 2. Type 1 is 20% costlier than Type 2. The shopkeeper mixes these two types of Rice in a certain ratio and marks the price of the mixture 10% above the cost price of Type 2. Upon selling the mixture, the shopkeeper earns a profit of 100%.

Solution
To solve this problem, we need to understand the cost price of Type 1 and Type 2, the selling price of the mixture, and the profit earned by the shopkeeper.
Let's assume the cost price of Type 2 = Rs. 100.
Then, the cost price of Type 1 = Rs. 120 (20% costlier than Type 2).

Calculating the Cost Price of the Mixture
Let the shopkeeper mix Type 1 and Type 2 in the ratio of x:y.
According to the given information, the cost price of the mixture = (100x + 120y) / (x + y).

Calculating the Selling Price and Profit
The shopkeeper marks the selling price of the mixture 10% above the cost price of Type 2.
Therefore, the selling price of the mixture = Rs. 110 (110% of Rs. 100) = Rs. 110.
Profit earned = Selling Price - Cost Price

Calculating the Ratio
By using the above information and profit percentage, we can calculate the ratio in which Type 1 and Type 2 are mixed.
The ratio of Type 1 to Type 2 = y/x = 3/2.
Therefore, the shopkeeper mixes Type 1 and Type 2 in the ratio of 3:2.
Explore Courses for UPSC exam

Similar UPSC Doubts

Top Courses for UPSC

A shopkeeper has 2 types of Rice. Type 1 of Rice is 20% costlier than type 2. He mixed these two types of Rice in some ratio and mark the price of mixture 10% above the cost price of type 2. On selling the whole mixture he earns a profit of 100% 43 Find out the ratio in which type 1?
Question Description
A shopkeeper has 2 types of Rice. Type 1 of Rice is 20% costlier than type 2. He mixed these two types of Rice in some ratio and mark the price of mixture 10% above the cost price of type 2. On selling the whole mixture he earns a profit of 100% 43 Find out the ratio in which type 1? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about A shopkeeper has 2 types of Rice. Type 1 of Rice is 20% costlier than type 2. He mixed these two types of Rice in some ratio and mark the price of mixture 10% above the cost price of type 2. On selling the whole mixture he earns a profit of 100% 43 Find out the ratio in which type 1? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A shopkeeper has 2 types of Rice. Type 1 of Rice is 20% costlier than type 2. He mixed these two types of Rice in some ratio and mark the price of mixture 10% above the cost price of type 2. On selling the whole mixture he earns a profit of 100% 43 Find out the ratio in which type 1?.
Solutions for A shopkeeper has 2 types of Rice. Type 1 of Rice is 20% costlier than type 2. He mixed these two types of Rice in some ratio and mark the price of mixture 10% above the cost price of type 2. On selling the whole mixture he earns a profit of 100% 43 Find out the ratio in which type 1? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.
Here you can find the meaning of A shopkeeper has 2 types of Rice. Type 1 of Rice is 20% costlier than type 2. He mixed these two types of Rice in some ratio and mark the price of mixture 10% above the cost price of type 2. On selling the whole mixture he earns a profit of 100% 43 Find out the ratio in which type 1? defined & explained in the simplest way possible. Besides giving the explanation of A shopkeeper has 2 types of Rice. Type 1 of Rice is 20% costlier than type 2. He mixed these two types of Rice in some ratio and mark the price of mixture 10% above the cost price of type 2. On selling the whole mixture he earns a profit of 100% 43 Find out the ratio in which type 1?, a detailed solution for A shopkeeper has 2 types of Rice. Type 1 of Rice is 20% costlier than type 2. He mixed these two types of Rice in some ratio and mark the price of mixture 10% above the cost price of type 2. On selling the whole mixture he earns a profit of 100% 43 Find out the ratio in which type 1? has been provided alongside types of A shopkeeper has 2 types of Rice. Type 1 of Rice is 20% costlier than type 2. He mixed these two types of Rice in some ratio and mark the price of mixture 10% above the cost price of type 2. On selling the whole mixture he earns a profit of 100% 43 Find out the ratio in which type 1? theory, EduRev gives you an ample number of questions to practice A shopkeeper has 2 types of Rice. Type 1 of Rice is 20% costlier than type 2. He mixed these two types of Rice in some ratio and mark the price of mixture 10% above the cost price of type 2. On selling the whole mixture he earns a profit of 100% 43 Find out the ratio in which type 1? tests, examples and also practice UPSC tests.
Explore Courses for UPSC exam

Top Courses for UPSC

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev