ibps-csa 2014 · Question 122 of 196

Two types of rice (type 1 and type 2) were mixed in the respective ratio of 1 : 3. The mixture was then sold @ 75.60 per kg to gain a profit of 20%. If the price of type 1 rice is Rs. 75 per kg, what is the price of type 2 price per kg?

Mixture and Alligation

ARs. 55
BRs. 53
CRs. 59Correct
DRs. 57
ERs. 62

Answer: C. Rs. 59

Explanation

Profit = 0.2 CP Profit = SP - CP 1.2CP = SP Hence, CP = (SP/1.2) = 75.6/1.2 = 63 Now, let the cost of type 1 rice is T1 and cost of type 2 be T2. T 1+3T 2 63 = 4 = (75 + 3*x)/4 x = 59 Therefore, cost of type 2 price is 59.

Source: IBPS Clerk CWE paper held 14-12-2014 — solved-paper book excerpt (CollegeDunia) with publisher answer key; sections cross-verified against BankingAdda / FreshersNow / CollegeDekho 14-12-2014 papers · memory-based

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