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21 Jan 2020, 04:55
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E
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
15%
(low)
Question Stats:
82% (00:53) correct
18%
(00:50)
wrong
based on 66
sessions
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What is the total profit or loss to the shopkeeper in the sale of a mixture of two varieties of coffee?
(1) He mixes the two varieties in the ratio 5:9.
(2) The cost price of one variety of coffee is $1.5 per kg while the cost price of the mixture is $2.25 per kg.
Source- Aristotle
(1) He mixes the two varieties in the ratio 5:9.
(2) The cost price of one variety of coffee is $1.5 per kg while the cost price of the mixture is $2.25 per kg.
Source- Aristotle
21 Jan 2020, 15:51
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Bunuel
What is the total profit or loss to the shopkeeper in the sale of a mixture of two varieties of coffee?
(1) He mixes the two varieties in the ratio 5:9.
(2) The cost price of one variety of coffee is $1.5 per kg while the cost price of the mixture is $2.25 per kg.
Source- Aristotle
(1) He mixes the two varieties in the ratio 5:9.
(2) The cost price of one variety of coffee is $1.5 per kg while the cost price of the mixture is $2.25 per kg.
Source- Aristotle
From scanning the question we can see we are given prices and a ratio. Thus the formula to find total profit for this question would be:
Profit = Price * Q - Cost * Q.
We can observe the question doesn't mention the selling price at all which is needed to calculate profit, so combined it is still insufficient. We can figure out the ratio of the quantity of coffee variants. However, that only gives us some information on cost and it is a ratio so we still don't know the value of the total cost.
Ans: E
BhishmaNaidu99
Joined: 22 Sep 2018
Last visit: 29 Jun 2020
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Schools: EDHEC MiM "22 (A)
23 Jan 2020, 06:42
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No selling price is mention in the question or the statement so we cannot find profit or loss
