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Alloy load of materials of mixed grade was purchased for rupees 9000 they were sorted into the following grade whose market rate is shown grade A B C A 5000 units Selling rate per unit rupees 1.2 0 B 3000 units Rupees 1 C 2000 units rupees 0.50 find the purchase rate per unit of each grade of materials assuming the all yield the same rate of profit?
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Alloy load of materials of mixed grade was purchased for rupees 9000 t...
Overview
To find the purchase rate per unit of each grade of materials, we need to gather the total units and their respective selling rates. The total purchase cost for the mixed-grade materials is ₹9000.
Total Units and Selling Rates
- Grade A: 5000 units at ₹1.2 per unit
- Grade B: 3000 units at ₹1.0 per unit
- Grade C: 2000 units at ₹0.50 per unit
Total Selling Price Calculation
- Grade A:
Selling Price = 5000 units × ₹1.2 = ₹6000
- Grade B:
Selling Price = 3000 units × ₹1.0 = ₹3000
- Grade C:
Selling Price = 2000 units × ₹0.50 = ₹1000
- Total Selling Price:
Total = ₹6000 + ₹3000 + ₹1000 = ₹10000
Purchase Rate Per Unit Calculation
Since all grades yield the same rate of profit, we can calculate the purchase rate per unit for each grade based on their selling price relative to the total purchase cost.
- Total Purchase Cost = ₹9000
- Total Units = 5000 + 3000 + 2000 = 10000 units
- Selling Price Ratio:
Selling Price Ratio = Total Selling Price / Total Purchase Cost = ₹10000 / ₹9000 = 1.1111
Individual Purchase Rate Calculation
- Grade A Purchase Rate:
Purchase Rate = Selling Price × (Purchase Cost / Total Selling Price)
= ₹1.2 × (₹9000 / ₹10000) = ₹1.2 × 0.9 = ₹1.08
- Grade B Purchase Rate:
= ₹1.0 × 0.9 = ₹0.90
- Grade C Purchase Rate:
= ₹0.50 × 0.9 = ₹0.45
Final Purchase Rates
- Grade A: ₹1.08 per unit
- Grade B: ₹0.90 per unit
- Grade C: ₹0.45 per unit
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Alloy load of materials of mixed grade was purchased for rupees 9000 they were sorted into the following grade whose market rate is shown grade A B C A 5000 units Selling rate per unit rupees 1.2 0 B 3000 units Rupees 1 C 2000 units rupees 0.50 find the purchase rate per unit of each grade of materials assuming the all yield the same rate of profit?
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Alloy load of materials of mixed grade was purchased for rupees 9000 they were sorted into the following grade whose market rate is shown grade A B C A 5000 units Selling rate per unit rupees 1.2 0 B 3000 units Rupees 1 C 2000 units rupees 0.50 find the purchase rate per unit of each grade of materials assuming the all yield the same rate of profit? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about Alloy load of materials of mixed grade was purchased for rupees 9000 they were sorted into the following grade whose market rate is shown grade A B C A 5000 units Selling rate per unit rupees 1.2 0 B 3000 units Rupees 1 C 2000 units rupees 0.50 find the purchase rate per unit of each grade of materials assuming the all yield the same rate of profit? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Alloy load of materials of mixed grade was purchased for rupees 9000 they were sorted into the following grade whose market rate is shown grade A B C A 5000 units Selling rate per unit rupees 1.2 0 B 3000 units Rupees 1 C 2000 units rupees 0.50 find the purchase rate per unit of each grade of materials assuming the all yield the same rate of profit?.
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