Asked by esha
coffee costing $250 per kg was mixed with chicory costing $75per kg in th ration 5:2 for a certain blend. if the mixture was sold at $230 per kg,find the gain or loss percent.
Answers
Answered by
Reiny
I sure hope these are not US or Canadian dollars.
number of kg of expensive : cheaper = 5x : 2x
cost = 250(5x) + 75(2x) = 1400x
selling price = 230(7x) = 1610x
percent gain/loss based on cost price
= (1610x - 1400x)/(1400x)
= 210/1400
= .15
profit is 15%
number of kg of expensive : cheaper = 5x : 2x
cost = 250(5x) + 75(2x) = 1400x
selling price = 230(7x) = 1610x
percent gain/loss based on cost price
= (1610x - 1400x)/(1400x)
= 210/1400
= .15
profit is 15%
Answered by
Anonymous
15%
Answered by
sail mehra
2percent
Answered by
Aditi
15 percent
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