Question : The cost of two varieties of tea is INR 300 and INR 375 respectively. If both the varieties of tea are mixed together in the ratio 3 : 2, then what should be the price of mixed variety of tea per kg?
Option 1: INR 340
Option 2: INR 330
Option 3: INR 350
Option 4: INR 360
Correct Answer: INR 330
Solution : Given, The cost of two varieties of tea is INR 300 and INR 375, respectively. Both varieties of tea are mixed together in a ratio 3 : 2. So, the cost of the (3 + 2) i.e., 5 kg of the mixed tea = (3 × 300) + (2 × 375) = 900 + 750 = INR 1650 $\therefore$ The cost of the mixed tea per kg = $\frac{1650}{5}$ = INR 330 Hence, the correct answer is INR 330.
Application | Eligibility | Selection Process | Result | Cutoff | Admit Card | Preparation Tips
Question : After allowing a 10% discount on the marked price of an article, a dealer makes a profit of 5%. What is the marked price, if the cost price of the article is INR 300?
Option 1: INR 400
Option 2: INR 320
Option 3: INR 375
Option 4: INR 350
Question : In what ratio must a shopkeeper mix two types of rice worth INR 55 per kg and INR 70 per kg, so that the average cost of the mixture is INR 65 per kg?
Option 1: 1 : 2
Option 2: 2 : 3
Option 3: 3 : 2
Option 4: 1 : 3
Question : A wristwatch is sold for INR 1,200 at a profit percentage equal to its cost price. Find the cost price of the wristwatch.
Option 2: INR 250
Option 4: INR 300
Question : After allowing a 10% discount on the marked price of an article, a person makes a profit of 16%. If the cost price of the article is INR 648, then its marked price is:
Option 1: INR 910.40
Option 2: INR 835.20
Option 3: INR 751.68
Option 4: INR 826.80
Question : The price of a treadmill is marked at INR 1,250. A shopkeeper earns a profit of 14% after allowing a discount of 14% on the marked price. Find the cost price (to the nearest rupee) of the treadmill.
Option 1: INR 845
Option 2: INR 840
Option 3: INR 1,043
Option 4: INR 943
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile