Multiple choice

Shyam is a shopkeeper and he has two kinds of sugar - one costs him Rs. 36/kg and the other costs him Rs. 24/kg. He mixes them in equal quantity and after selling it, he earns 40% profit. What is the selling price of mixture?

  1. Rs. 40

  2. Rs. 43

  3. Rs. 42

  4. Rs. 20

  5. Rs. 22
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Average cost = (36 + 24) / 2 = 30. Profit = 40% of 30 = 12. Selling price = 30 + 12 = 42.

AI explanation

Since the two kinds of sugar are mixed in equal quantities, their average cost price is the sum of 36 and 24 divided by 2, which equals 30 rupees per kg. To earn a 40 percent profit on this cost, the selling price is calculated as 140 percent of 30. Multiplying 30 by 1.40 gives the selling price as 42 rupees.

Keep practicing — related questions