Two blends of tea costing $2.80 and $3.20 per kg respectively are mixed in the proportion 2 : 3. The mixture is sold at $4.80 per kg. What is the percentage of profit?
Created: 6 years ago |
Updated: 2 years ago
best des
Let the amount of tea blends be 2T and 3T respectively.
Then total cost = 2T x $2.8 + 3T x $3.2 = $15.2T
Total sell = (3T + 2T) x $4.8 = $24T
So, profit = (24T - 15.2T) / 15.2T x 100% = 57.9%
Md Azizur Rahman
Founder of Satt
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