Question:
Ranjith purchased 40 kg of rice at Rs. 12.50 per kg and 25 kg of rice at Rs. 15.10 per kg. He mixed the two types of rice together. At what rate per kg should he sell the mixed lot so as to earn a profit of \(10\%\)?
Ranjith purchased 40 kg of rice at Rs. 12.50 per kg and 25 kg of rice at Rs. 15.10 per kg. He mixed the two types of rice together. At what rate per kg should he sell the mixed lot so as to earn a profit of \(10\%\)?
Updated On: Oct 17, 2024
- Rs. 13.75
- Rs. 14.85
- Rs. 14.35
- Rs. 13.85
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The Correct Option is B
Solution and Explanation
The correct answer is (B): Rs. 14.85
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