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Profit, Loss and Discount
Two varieties of wheat – A and B costing Rs. 9 per kg and Rs. 15 per kg respectively were mixed in the ratio 3 : 7. If 5 kg of the mixture is sold at 25% profit, find the profit made.
Correct answer: A
Explanation and memory cue
The cost price of the mixture per kg is (3/10)*9 + (7/10)*15 = 2.7 + 10.5 = Rs. 13.2. For 5 kg, cost price = 5 * 13.2 = Rs. 66. Selling at 25% profit means selling price = 66 * 1.25 = Rs. 82.5. Profit = 82.5 - 66 = Rs. 16.5. However, the profit options given are less than this, so rechecking: The profit is Rs. 16.5, which matches option D. Therefore, the original answer D is correct. The initial calculation was correct, so the profit made is Rs. 16.5.