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A trader mixes 25% kerosene to his petro...

A trader mixes `25%` kerosene to his petrol and then he sells the whole mixture at the price of petrol. If the cost price of kerosene be `50%` of the cost price of petrol/what is the net profit percentage?

A

`11(1)/9%`

B

`12(1)/9%

C

`9(1)/11%`

D

`20%`

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will follow the reasoning laid out in the video transcript. ### Step-by-Step Solution: 1. **Define Variables**: Let the cost price of petrol be \( P \). According to the problem, the cost price of kerosene is \( 50\% \) of the cost price of petrol. Therefore, the cost price of kerosene, \( K \), can be expressed as: \[ K = 0.5P \] 2. **Determine Quantities**: The trader mixes \( 25\% \) kerosene with petrol. If we assume we have \( 1 \) liter of petrol, then the amount of kerosene mixed will be: \[ \text{Amount of kerosene} = 0.25 \times 1 = 0.25 \text{ liters} \] Thus, the total quantity of the mixture is: \[ \text{Total mixture} = 1 + 0.25 = 1.25 \text{ liters} \] 3. **Calculate Total Cost**: The cost of the petrol is: \[ \text{Cost of petrol} = P \] The cost of the kerosene is: \[ \text{Cost of kerosene} = 0.25 \times K = 0.25 \times 0.5P = 0.125P \] Therefore, the total cost of the mixture is: \[ \text{Total cost} = P + 0.125P = 1.125P \] 4. **Calculate Selling Price**: The trader sells the entire mixture at the price of petrol. Since the selling price of petrol is \( P \) per liter, the selling price of the entire mixture (1.25 liters) is: \[ \text{Selling Price} = 1.25 \times P = 1.25P \] 5. **Calculate Profit**: The profit can be calculated as: \[ \text{Profit} = \text{Selling Price} - \text{Total Cost} = 1.25P - 1.125P = 0.125P \] 6. **Calculate Profit Percentage**: The profit percentage is calculated using the formula: \[ \text{Profit Percentage} = \left( \frac{\text{Profit}}{\text{Total Cost}} \right) \times 100 \] Substituting the values we have: \[ \text{Profit Percentage} = \left( \frac{0.125P}{1.125P} \right) \times 100 = \left( \frac{0.125}{1.125} \right) \times 100 \] Simplifying this gives: \[ \text{Profit Percentage} = \frac{125}{112.5} = 11.11\% \] ### Final Answer: The net profit percentage is approximately \( 11.11\% \).
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