Question

Given below are two statements:
Statement I: In order to get a mixture worth 16-5/kg, a grocer needs to mix two varieties of pulses costing 15 and 20 per kg respectively in the ratio 7:3.
Statement II: A merchant has 1000 kg rice, part of which he sells at 8% profit and the rest at 16% profit. He gains 14% on the whole. The quantity of rice sold at 16% profit is 750 kg.
In the light of the above statements, choose the correct answer from the option given below:

• A. Both Statement I and Statement II are true
• B. Both Statement I and Statement II are false
• C. Statement I is true but Statement II is false
• D. Statement I is false but Statement II is true

Answer 1

The Correct Option is A

Statement I is correct as the mixture of pulses at the given ratio produces a price of Rs 16.5 per kg. 
Statement II, however, is false because the quantity of rice sold at 16% profit does not align with the merchant’s overall profit calculation