Question
Download Solution PDFA fruit vendor purchases oranges at Rs. 150, Rs. 90 and Rs. 75 per kg. These oranges purchased at three different prices are mixed in the ratio 4 : 5 : 6 respectively, and are sold at a profit of 40%. Find the selling price (in Rs.) of oranges per kg.
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
The cost of oranges per kg when purchased = Rs. 150, Rs. 90, and Rs. 75
The oranges are mixed in the ratio = 4 : 5 : 6
The profit = 40%
Concept:
Calculation of average cost price and selling price with profit.
Solution:
Average cost price per kg of mixed oranges = (150 x 4 + 90 x 5 + 75 x 6)/(4 + 5 + 6)
⇒ (600 + 450 + 450)/15 = Rs 100
⇒ Selling price per kg = Cost price + profit
⇒ Rs. 100 + 40% of Rs. 100
⇒ Rs. 100 + Rs. 40 = Rs. 140
Therefore, the selling price of oranges is Rs. 140 per kg.
Last updated on Jul 7, 2025
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