IBPS
Exam
Numerical Ability
Profit and Loss
Vikas bought 100 kg of wheat at 16 per kg and 300 kg at the rate of 14 per kg. he sold the mixture to get 24% profit.At what price per kg he sold the mixture ?
a)16
b)18
c)16.42
d)16.24
e)none of these
Read Solution (Total 5)
-
- 100*16=1600
300*14=4200
total=5800
and he sold that he gets 24% profit means
5800*124/100=7192
so he got total then
he sold per kg is 7192/400=17.98(18)
so option B is wright - 10 years agoHelpfull: Yes(7) No(1)
- 100*16=1600, 300*14=4200, total expend 5800 and total weight of wheat 400kg, Now he sold in 24% profit that means 5800*24/100+5800=7192, he sold wheat per kg 7192/400=17.98
so option e is right (None of these) - 10 years agoHelpfull: Yes(1) No(0)
- 100 kg * 16 =Rs.1600
300 kg * 14 =Rs.4200
--------------------
400 kg cp=5800
24% profit means (24/100)5800 =1392
Total = 5800+ 1392 =7192
400 kg=7192
1 kg = 7192/400 =17.98(18)
ans is B - 10 years agoHelpfull: Yes(1) No(0)
- 18 Rs. by using the formula of profit after calculating the total cost of wheat
- 10 years agoHelpfull: Yes(0) No(1)
- c.p of rice (300+100)= 1600+4200=5800
profit=24
24=(s.p-c.p)/c.p*100
24*5800/100= s.p-5800
24*58 =s.p-5800
s.p = 5800+1392 =7192
s.p/ kg = 7192/400 =17.98 (18)... so b is right.
- 10 years agoHelpfull: Yes(0) No(0)
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