Commerce Exam > Commerce Questions > Hari bought 20 kg of rice at 36₹ per kg and 2...
Start Learning for Free
Hari bought 20 kg of rice at 36₹ per kg and 25 kg of rice at 32₹ he mix the two varieties and sold the mixture at 38₹ per kg find his gain percent in the whole train station
Verified Answer
Hari bought 20 kg of rice at 36₹ per kg and 25 kg of rice at 32₹ he mi...
Cost of 1 kg rice = Rs. 36 per kg
Cost of 20 kg rice = 36*20 = Rs. 720
Cost of 1 kg rice = Rs. 32 per kg
Cost of 25 kg rice = 32*25 = Rs. 800
Total quantity of rice = 20 + 25 = 45 kg
Cost of 45 kg rice = 720 + 800 = Rs. 1520
Selling price of the new mixture = Rs. 38 per kg
selling price of 45 kg rice = 38*45 = Rs. 1710
Gain = 1710 - 1520 = Rs. 190
Gain = Rs. 190
Gain % = (Gain*100)/cost price
⇒ (190*100)/1520
⇒ 19000/1520
= 12.5 %
So, on whole transaction, Hari got profit of 12.5 %
This question is part of UPSC exam. View all Commerce courses
Most Upvoted Answer
Hari bought 20 kg of rice at 36₹ per kg and 25 kg of rice at 32₹ he mi...
Calculation of Gain Percentage:
1. Cost Price of 20 kg rice:
Cost Price = 20 kg * ₹36/kg = ₹720
2. Cost Price of 25 kg rice:
Cost Price = 25 kg * ₹32/kg = ₹800
3. Total Cost Price of the mixture:
Total Cost Price = ₹720 + ₹800 = ₹1520
4. Selling Price of the mixture:
Selling Price = (20 kg + 25 kg) * ₹38/kg = ₹1330
5. Calculation of Gain:
Gain = Selling Price - Total Cost Price
= ₹1330 - ₹1520
= -₹190 (negative because the selling price is less than the total cost price)
6. Calculation of Gain Percentage:
Gain Percentage = (|Gain| / Total Cost Price) * 100
= (|₹190| / ₹1520) * 100
= (₹190 / ₹1520) * 100
≈ 12.5%
Therefore, Hari incurred a loss of approximately 12.5% in the whole transaction by mixing and selling the two varieties of rice at ₹38 per kg.
1. Cost Price of 20 kg rice:
Cost Price = 20 kg * ₹36/kg = ₹720
2. Cost Price of 25 kg rice:
Cost Price = 25 kg * ₹32/kg = ₹800
3. Total Cost Price of the mixture:
Total Cost Price = ₹720 + ₹800 = ₹1520
4. Selling Price of the mixture:
Selling Price = (20 kg + 25 kg) * ₹38/kg = ₹1330
5. Calculation of Gain:
Gain = Selling Price - Total Cost Price
= ₹1330 - ₹1520
= -₹190 (negative because the selling price is less than the total cost price)
6. Calculation of Gain Percentage:
Gain Percentage = (|Gain| / Total Cost Price) * 100
= (|₹190| / ₹1520) * 100
= (₹190 / ₹1520) * 100
≈ 12.5%
Therefore, Hari incurred a loss of approximately 12.5% in the whole transaction by mixing and selling the two varieties of rice at ₹38 per kg.
Community Answer
Hari bought 20 kg of rice at 36₹ per kg and 25 kg of rice at 32₹ he mi...
59%
Attention Commerce Students!
To make sure you are not studying endlessly, EduRev has designed Commerce study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in Commerce.
|
|
Explore Courses for Commerce exam
|
|
Similar Commerce Doubts
Top Courses for CommerceView all
Hari bought 20 kg of rice at 36₹ per kg and 25 kg of rice at 32₹ he mix the two varieties and sold the mixture at 38₹ per kg find his gain percent in the whole train station Related: Subsidiary Book #1 (Purchase & Purchase return a/c, Sales and Sales return a/c)
Question Description
Hari bought 20 kg of rice at 36₹ per kg and 25 kg of rice at 32₹ he mix the two varieties and sold the mixture at 38₹ per kg find his gain percent in the whole train station Related: Subsidiary Book #1 (Purchase & Purchase return a/c, Sales and Sales return a/c) for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Hari bought 20 kg of rice at 36₹ per kg and 25 kg of rice at 32₹ he mix the two varieties and sold the mixture at 38₹ per kg find his gain percent in the whole train station Related: Subsidiary Book #1 (Purchase & Purchase return a/c, Sales and Sales return a/c) covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Hari bought 20 kg of rice at 36₹ per kg and 25 kg of rice at 32₹ he mix the two varieties and sold the mixture at 38₹ per kg find his gain percent in the whole train station Related: Subsidiary Book #1 (Purchase & Purchase return a/c, Sales and Sales return a/c).
Hari bought 20 kg of rice at 36₹ per kg and 25 kg of rice at 32₹ he mix the two varieties and sold the mixture at 38₹ per kg find his gain percent in the whole train station Related: Subsidiary Book #1 (Purchase & Purchase return a/c, Sales and Sales return a/c) for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Hari bought 20 kg of rice at 36₹ per kg and 25 kg of rice at 32₹ he mix the two varieties and sold the mixture at 38₹ per kg find his gain percent in the whole train station Related: Subsidiary Book #1 (Purchase & Purchase return a/c, Sales and Sales return a/c) covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Hari bought 20 kg of rice at 36₹ per kg and 25 kg of rice at 32₹ he mix the two varieties and sold the mixture at 38₹ per kg find his gain percent in the whole train station Related: Subsidiary Book #1 (Purchase & Purchase return a/c, Sales and Sales return a/c).
Solutions for Hari bought 20 kg of rice at 36₹ per kg and 25 kg of rice at 32₹ he mix the two varieties and sold the mixture at 38₹ per kg find his gain percent in the whole train station Related: Subsidiary Book #1 (Purchase & Purchase return a/c, Sales and Sales return a/c) in English & in Hindi are available as part of our courses for Commerce.
Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.
Here you can find the meaning of Hari bought 20 kg of rice at 36₹ per kg and 25 kg of rice at 32₹ he mix the two varieties and sold the mixture at 38₹ per kg find his gain percent in the whole train station Related: Subsidiary Book #1 (Purchase & Purchase return a/c, Sales and Sales return a/c) defined & explained in the simplest way possible. Besides giving the explanation of
Hari bought 20 kg of rice at 36₹ per kg and 25 kg of rice at 32₹ he mix the two varieties and sold the mixture at 38₹ per kg find his gain percent in the whole train station Related: Subsidiary Book #1 (Purchase & Purchase return a/c, Sales and Sales return a/c), a detailed solution for Hari bought 20 kg of rice at 36₹ per kg and 25 kg of rice at 32₹ he mix the two varieties and sold the mixture at 38₹ per kg find his gain percent in the whole train station Related: Subsidiary Book #1 (Purchase & Purchase return a/c, Sales and Sales return a/c) has been provided alongside types of Hari bought 20 kg of rice at 36₹ per kg and 25 kg of rice at 32₹ he mix the two varieties and sold the mixture at 38₹ per kg find his gain percent in the whole train station Related: Subsidiary Book #1 (Purchase & Purchase return a/c, Sales and Sales return a/c) theory, EduRev gives you an
ample number of questions to practice Hari bought 20 kg of rice at 36₹ per kg and 25 kg of rice at 32₹ he mix the two varieties and sold the mixture at 38₹ per kg find his gain percent in the whole train station Related: Subsidiary Book #1 (Purchase & Purchase return a/c, Sales and Sales return a/c) tests, examples and also practice Commerce tests.
|
|
Explore Courses for Commerce exam
|
|
Suggested Free Tests
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup