One type of pulses is sold for ₹72 per kg at a 20% profit. Another type is sold for ₹60 per kg at a 25% profit. If these two varieties are mixed in the ratio of 2:1 (first variety to second variety) and the mixture is sold at ₹70 per kg, what is the overall profit or loss percentage?
- AOption (a)
Profit of 50%
- BOption (b)
Loss of 25%
- COption (c)
Profit of 25%
- DOption (d)
Loss of 50%
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Correct answer
Profit of 25%
Why this answer is correct
Shortcut Trick
CP of first pulse = 72 × 100/120 = ₹60/kg
CP of second pulse = 60 × 100/125 = ₹48/kg
Net CP of mixture = (60 × 2 + 48 × 1) ÷ 3 = 168/3 = ₹56/kg
Overall Profit % = ((70 − 56) ÷ 56) × 100 = (14/56) × 100 = 25%
∴ The correct answer is Profit of 25%.
Alternate Method
Given:
⇒ SP of first variety = ₹72/kg, Profit = 20%
⇒ SP of second variety = ₹60/kg, Profit = 25%
⇒ Ratio of mixture (first : second) = 2 : 1
⇒ SP of mixture = ₹70/kg
Formula Used:
⇒ Cost Price (CP) = SP × 100 / (100 + Profit%)
⇒ Profit % = [(SP − CP) / CP] × 100
Type 1: 2 kg CP = ₹60/kg
Type 2: 1 kg CP = ₹48/kg
Mix CP: 3 kg Avg = ₹56/kg
Mix SP ₹70/kg
Profit = ₹14/kg (+25%)
Calculations:
⇒ Let the quantities of the two varieties be 2 kg and 1 kg respectively.
⇒ CP of 1st variety = 72 × 100 / (100 + 20) = 7200 / 120 = ₹60 per kg
⇒ Total CP for 2 kg of 1st variety = 60 × 2 = ₹120
⇒ CP of 2nd variety = 60 × 100 / (100 + 25) = 6000 / 125 = ₹48 per kg
⇒ Total CP for 1 kg of 2nd variety = 48 × 1 = ₹48
⇒ Total CP of 3 kg mixture = 120 + 48 = ₹168
⇒ Average CP of mixture = 168 ÷ 3 = ₹56 per kg
⇒ The SP of the mixture is given as ₹70 per kg
⇒ Overall Profit = SP − CP = 70 − 56 = ₹14 per kg
⇒ Profit Percentage = (Profit / CP) × 100 = (14 / 56) × 100 = (1 / 4) × 100 = 25%
∴ The correct answer is Profit of 25%.
Additional Information
Cost Price (CP)
The base price at which goods are purchased. It is the reference value for calculating profit or loss percentages. Formula: CP = SP × 100 / (100 + Profit%).
Mixtures & Alligation
A mathematical rule used to find the weighted average price of a mixture when two components with different prices are mixed in a specific ratio.
Profit & Loss Percentage
Profit and loss are always calculated over the overall Cost Price unless explicitly stated otherwise. Profit% = [(SP − CP) / CP] × 100.