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Oil equal to 20% of the weight of ground...

Oil equal to 20% of the weight of ground nut is extracted in a mill. The matter left after extraction is sold as cattle feed at the rate of 12.5/kg. The groundnuts are bought at 20/kg. The processing cost is? 5/kg. At what price (Rs per kg) should the oil be sold to earn 20% profit on total costs (Total cost Cost of groundnutsand Processing costs)?

A

250

B

150

C

200

D

100

Text Solution

Verified by Experts

The correct Answer is:
D
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