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A farmer sells wheat . He mixes the two ...

A farmer sells wheat . He mixes the two types of wheat he grows . 30 kg of the first group costs him Rs 900 and 20 kg of the other group costs him Rs 1100 . At what price per kg should he sell the mixture so as to earn 25% on his average cost ?

A

Rs 40

B

Rs 42

C

Rs 50

D

Rs 48

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will first calculate the average cost of the wheat mixture and then determine the selling price required to achieve a 25% profit. ### Step 1: Calculate the total cost of each type of wheat. - The cost of the first type of wheat (30 kg) is Rs. 900. - The cost of the second type of wheat (20 kg) is Rs. 1100. ### Step 2: Calculate the total cost of the mixture. Total cost = Cost of first type + Cost of second type Total cost = Rs. 900 + Rs. 1100 = Rs. 2000 ### Step 3: Calculate the total weight of the mixture. Total weight = Weight of first type + Weight of second type Total weight = 30 kg + 20 kg = 50 kg ### Step 4: Calculate the average cost per kg of the mixture. Average cost per kg = Total cost / Total weight Average cost per kg = Rs. 2000 / 50 kg = Rs. 40 per kg ### Step 5: Calculate the selling price to achieve a 25% profit. To find the selling price for a 25% profit, we can use the formula: Selling Price = Cost Price + Profit Profit = 25% of Cost Price Profit = 25% of Rs. 40 = (25/100) * 40 = Rs. 10 Now, add the profit to the cost price: Selling Price = Cost Price + Profit Selling Price = Rs. 40 + Rs. 10 = Rs. 50 ### Conclusion: The farmer should sell the mixture at Rs. 50 per kg to earn a 25% profit on his average cost. ---
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