Aptitude - Profit and Loss - Discussion

Discussion Forum : Profit and Loss - General Questions (Q.No. 15)
15.
A trader mixes 26 kg of rice at Rs. 20 per kg with 30 kg of rice of other variety at Rs. 36 per kg and sells the mixture at Rs. 30 per kg. His profit percent is:
No profit, no loss
5%
8%
10%
None of these
Answer: Option
Explanation:

C.P. of 56 kg rice = Rs. (26 x 20 + 30 x 36) = Rs. (520 + 1080) = Rs. 1600.

S.P. of 56 kg rice = Rs. (56 x 30) = Rs. 1680.

Gain = 80 x 100 % = 5%.
1600

Discussion:
37 comments Page 3 of 4.

Hari said:   10 years ago
How S.P is 56*30?

Abhishek said:   1 decade ago
What if we do it with LCM method?

Ramesh said:   1 decade ago
Friends the total kgs are only 56. Because 36 is the rate of 30 kgs.

Neha said:   1 decade ago
I think by allocation we can find ratio problems only.

Shobhit said:   1 decade ago
Can we do it by allegation?

Sandeep reddy said:   1 decade ago
@Kartik.

(41+29+10)% = 80%

Fail and pass percentage is 20 yes.

Kanaka said:   1 decade ago
@Mamta.

Mixes 26 kg of rice at Rs.20 per kg with 30 kg of rice.

Total 26kg + 30kg given to the in the question.

Pabbaanirudh said:   1 decade ago
Hi friends,

Total weight of rice mixture is 26kg of Rs.20 verity and 30kg of Rs.36 verity.
Total rice of two verity is 26+30 = 56kg.

Total CP is (26*20+30*36) = Rs.1600.
SP of total rice is (56*30) = 1680.

Profit percentage P% = p/CP*100.
i.e. p% = 80/1600*100 = 5%.

Pavanpraturi said:   1 decade ago
Answer is exactly correct.

Here,
CP of 26 kg rice is 26*20 = 580.
CP of 30 kg rice is 36*330 = 1080.

Now (CP1+CP2) = 1080+580.
= 1600.

SP of 56 kg = 56*30 = 1680.
Profit = SP-CP=1680-1600 = 80.

Gain% = 100/80*100 = 5%.

Abhinav said:   1 decade ago
Read it correctly @Mamta :- question said 26kg rice is mixed with 30kg so total is 56kg.


Post your comments here:

Your comments will be displayed after verification.