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In what ratio should two varieties of tea at Rs. 60 per kg and Rs.120 per kg be mixed together so that by selling the mixture at Rs.96 per kg, a profit of Rs.20% is obtained ?5
Q: In what ratio should two varieties of tea at Rs. 60 per kg and Rs.120 per kg be mixed together so that by selling the mixture at Rs.96 per kg, a profit of Rs.20% is obtained ?
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Answer :
Explanation :
Let us first calculate the cost of price of the mixture. the selling price of the mixture is given as Rs.96 and the profit is given as 20%. So, Cost price = 100120×96 = Rs. 80 Now, let us apply allegation method : = 40 : 20 = 2 : 1