Hari bought 20 kg of rice at 36 per kg and 25 kg of rice at 32 per kg. He mixed the two varieties and sold the mixture at 38 per kg. Find his gain per cent in the whole transaction.

Question

Philoid · Accepted Answer

Total Weight of Rice = 20 + 25

= 45 Kg

Total Cost of both varieties of Rice = (20 × 36) + (25 × 32)

= 720 + 800

= 1520

So, CP of Rice = Rs.1520

Selling Price (SP) of Rice = Wt. × Rate

= 45 × 38

= 1710

Gain = SP – CP

= 1710 – 1520

= Rs.190

Gain Percent =

= 12.5%

So, Gain Percent in whole transaction is 12.5%.