A seller purchases the green colour of HOLI from two dealers, 5 kg. from a dealer at a rate of 60

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01 Mar 2010 Happy HOLI

A seller purchases the green colour of HOLI from two dealers, 5 kg. from a dealer at a rate of 60 rupee per kg.
and 7 kg. from other dealer at a rate of 80 rupee per kg.
If he sells the colour after mixing, then its selling rate for getting a profit of 20 % will be

OPtion

(1) 84
(2) 85
(3) 87
(4) 88
(5) 90
(6) 92
(7) 86
(8) 89
(9) 91
(10) 93

Solution

Cost of 5 kg. green colour of HOLI is 60*5 = 300
Cost of 7 kg. green colour of HOLI is 80*7 = 560
Total cost of 12 kg. green colour of HOLI is 300 + 560 = 860
For getting 20 % profit, seller has to receive 860 * 1.2 = 1032 rupee
Hence cost of the colour is 1032/12 = 86

Correct Option: 7 Best Solution (2)

Pargat Pal Singh   14 years AGO

860*1.2/12= 86

Like? Yes (1) | No   

Mehul MKDP   14 years AGO

300+560=860
860*1.2 = 1032
1032/(5+7)=86

Like? Yes (1) | No