Profit and Loss - Quantitative Aptitude (MCQ) questions for Q. 21064
Q. Anil purchased 30 kg of wheat at the rate of Rs. 22 per kg and 20 kg of wheat at the rate of Rs. 24 per kg. He mixed the two. Approximately at what rate per kg should he sell the mixture to make 25% profit?- Published on 19 Apr 16a. Rs. 25
b. Rs. 28
c. Rs. 30
d. Rs. 32.5
ANSWER: Rs. 28
Total quantity of mixture = 30 + 20 = 50 kg.
By earning a profit of 25% on the total cost, the selling price of the mixture is
125/100 * (660 + 480 = 1140) = Rs. 1425
Selling price per kg = Total selling price / Total of mixture
= 1425 / 50
= Rs. 28.5
