Profit and Loss

1. A man bought some rice at the rate of ? 15/kg and some other quantity at the rate of ? 24/kg. He mixed them and sold at the rate of ? 21.60/kg gaining a profit of 20%. What was the respective ratio of the two varieties ?

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Detailed SolutionA man bought some rice at the rate of ? 15/kg and some other quantity at the rate of ? 24/kg. He mixed them and sold at the rate of ? 21.60/kg gaining a profit of 20%. What was the respective ratio of the two varieties ?

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Test 1