Aptitude Reasoning English GK Computer Knowledge Programming Skill Banking Software Testing

Question

In a rice mill, an owner mixes  60 kg of rice worth Rs. 30 per kg with 90 kg of rice worth Rs. 40 per kg. At what rate he must sell the mixture to gain 20%?

  • 36
  • 38.2
  • 40
  • 43.2
Answer- D

Total cost price of (60+90)150 kg of mixture = (60*30+90*40)

= 1800+3600

= Rs. 5400

Cost Price per kg of mixture = 5400/150 = Rs. 36 per kg

Now, Required gain = 20%

Required selling price per kg of mixture = 120/100 ∗36 = Rs. 43.2 per kg