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Question

Quantitative Aptitude Question on Profit and Loss

Bala bought 100 kg of flour and 100 kg of sugar. The flour was 25% cheaper than the sugar per kg. He mixed the entire quantity and sold the mixture at ₹275.50 per kg, making an overall profit of 50%. What is the cost price of flour per kg?

A

₹ 155.5

B

₹ 160.5

C

₹ 150.5

D

₹ 157.5

Answer

₹ 157.5

Explanation

Solution

Let's assume the cost price of sugar is S. Therefore, the cost price of flour (F) is 0.75S
Total cost price of the mixture = 100S+100×0.75S=175S100S + 100 \times 0.75S = 175S
Since there's a 50% overall profit, the total selling price is 1.5×175S=262.5S1.5 \times 175S = 262.5S
The total weight of the mixture is 200 kg. So, the total selling price is also 200×275.50=55100.200 \times 275.50 = 55100.

Equating the two values of total selling price: 262.5S = 55100
Solving for S: S = 55100262.5=210\frac{55100}{262.5} = 210
Therefore, the cost price of sugar is ₹210/kg. And the cost price of flour is 0.75×210=157.50/kg. 0.75 \times 210 = ₹157.50/kg.