Question

ajay purchased 30 kg of wheat at the rate of rs. 11.50 per kg and 20 kg of wheat at the rate of 14.25 per kg. he mixed the two and sold the mixture. approximately what price per kg should be sell the mixture to make 30% profit?

Answer 1

Ajay should sell the wheat mixture for approximately Rs. 16.38 per kg to make a 30% profit.

Step-by-step explanation:

To calculate the selling price of the wheat mixture for Ajay to make a 30% profit, we need to first determine the total cost and then find the cost price per kilogram of the mixture. Ajay purchased 30 kg of wheat at Rs. 11.50 per kg and 20 kg at Rs. 14.25 per kg. The total cost for 30 kg is 30 kg × Rs. 11.50 = Rs. 345 and for 20 kg is 20 kg × Rs. 14.25 = Rs. 285. Therefore, the total cost of the wheat is Rs. 345 + Rs. 285 = Rs. 630 for 50 kg of wheat in total.

The cost price per kg of the mixture is Rs. 630 / 50 kg = Rs. 12.60 per kg. To achieve a 30% profit, we must add 30% to the cost price. Profit per kg is 30% of Rs. 12.60 = 0.30 × Rs. 12.60 = Rs. 3.78. Therefore, the selling price per kg to achieve this profit is Rs. 12.60 + Rs. 3.78 = Rs. 16.38. So, Ajay should sell the wheat mixture for approximately Rs. 16.38 per kg to make a 30% profit.