Allied & ICAR Exam Bank • ALLIED_2433 MCQ • 2 Marks

Section 8: General Aptitude

Quantitative Aptitude

Subtopic: Ratios & Percentages

Question Statement:

A grain merchant blends three varieties of rice costing Rs 50, Rs 60, and Rs 75 per kg in the ratio 1:2:3. What should be the selling price per kg to make a profit of 20%?

Options:

  • (A) Rs 79.20
  • (B) Rs 75.00
  • (C) Rs 80.00
  • (D) Rs 78.40

Answer Key:

A

Step-by-Step Solution & Explanation

Total cost for 6 kg $= 1(50) + 2(60) + 3(75) = 50 + 120 + 225 = 395$ rupees. Mean CP $= 395 / 6 = 65.833$ Rs/kg. Required SP $= 65.833 \times 1.20 = 79.20$ Rs/kg.
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