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shailesh

· started a discussion

· 1 Months ago

how did the cost price of sugar became 88/9?plz explain

Question:

A grocer mixed sugar at Rs. 12 per kg with sugar at Rs. 9 per kg in a certain ratio and sold the mixture at 11 per kg to have a gain of 1/8th of his total investment. The ratio of two types of sugar in the mixture is – 

Options:
A) 7 : 20
B) 9 : 12
C) 1 : 2
D) 3 : 4
Solution:
Ans: (a)


Knowledge Expert

· commented

· 1 Months ago

@Jayprakash Panigrahi

Correct explanation .... Good
Basic formula used for calculate CP.

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Jayprakash Panigrahi

· commented

· 1 Months ago

profit=1/8cp
sp=(1+1/8)cp
sp=9/8cp
cp=8/9sp
sp=11
cp=11*8/9=88/9

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