Profit & Loss Mcqs

Q.  Rehman mixed 24 kg of butter at Rs. 150 per kg with 36 kg butter at the rate of Rs. 125 per kg. At what price per kg should he sell the mixture to make a profit of 40% in the transaction?

a. Rs. 135
b. Rs. 162
c. Rs. 189
d. Rs. 198
e. None of these


ANSWER: See Answer
 
CP per kg of mixture = [24(150) + 36(125)]/(24 + 36) = Rs. 135

SP = CP[(100 + profit%)/100]
= 135 * [(100 + 40)/100] = Rs. 189.
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