A shopkeeper mixed two varieties of rice of prices Rs.36/kg and Rs.24/kg in the ratio of 1 : 2, respectively. He sold the mixture for Rs.2,100 to earn a profit of 25%.Find the quantity of rice of cost Rs.24/kg used in the mixture.
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. 40 kg.
Selling Price = Cost Price + 25 % of CP = 1.25 × CP
2100 = 1.25 × CP
Mixture ratio is 1 : 2 → total parts = 3
Let total quantity = x kg
CP per kg = Rs/kg
Total CP = Quantity × CP per kg kg
Mixture ratio = 1 : 2 (Rs.36 : Rs.24)
Total parts = 3
So quantity of Rs.24/kg rice = kg