Two types of rice (type 1 and type 2) were mixed in the respective ratio of 1 : 3. The mixture was then sold @ 75.60 per kg to gain a profit of 20%. If the price of type 1 rice is Rs. 75 per kg, what is the price of type 2 price per kg?

Two types of rice (type 1 and type 2) were mixed in the respective ratio of 1 : 3. The mixture was then sold @ 75.60 per kg to gain a profit of 20%. If the price of type 1 rice is Rs. 75 per kg, what is the price of type 2 price per kg?
1). Rs. 55
2). Rs. 53
3). Rs. 59
4). Rs. 57

Solution

Profit = 0.2 CP
Profit = SP - CP
1.2CP = SP
Hence, CP = (SP/1.2) = 75.6/1.2 = 63
Now, let the cost of type 1 rice is T1 and cost of type 2 be T2.
63 = $\frac{T1 + 3T2}{4}$
= (75 + 3*x)/4
x = 59
Therefore, cost of type 2 price is 59.

• The ratio of the sum of the salaries of A and B to the difference of their salaries is 11 : 1 and the ratio of the sum of the salaries of B and C to the difference of their salaries is also 11 : 1. If A's salary is the highest and C's is the lowest then w
• There are three taps A, B and C in a tank. They can fill the tank in 25 hrs, 20 hrs and 10 hrs respectively. At first all of them are opened simultaneously. Then after 1 hrs, tap C is closed and tap A and B are kept running. After the 4th hour, tap B is a
• In an alloy, zinc and copper are in the ratio 1 : 2. In the second alloy, the same elements are in the ratio 2 : 3. If these two alloys be mixed to form a new alloy in which two elements are in the ratio 5:8, the ratio of these two alloys in the new allow
• Nidhi received simple interest off Rs. 1200 when invested Rs x at 6% p.a. and Rs y at 5% p.a. for 1 year. Had she invested Rs. x at 3% p.a. and Rs. y at 8% for that year, she would have received simple interest of Rs 1,260. Find the values Rs. x an y.
• A and B can complete a piece of work in 80 and 120 days respectively. They together start the work but A left after 20 days. After another 12 days C joined B and now they complete the work in 28 more days. In how many days C can complete the work, working