A merchant purchased two qualities of tea at the rate of Rs. 250 per quintal and...
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A merchant purchased two qualities of tea at the rate of Rs. 250 per quintal and Rs. 290 per quintal. In 150 quintals of the second quality, how much tea of the first quality should be mixed so that by selling the resulting mixture at Rs. 350 per quintal, he gains a profit of 25%? 1. 60 quintals 2. 100 quintals 3. 75 quintals 4. 50 quintals 5. 80 quintals A merchant purchased two qualities of tea at the rate of Rs. 250 per quintal and Rs. 290 per quintal. In 150 quintals of the second quality, how much tea of the first quality should be mixed so that by selling the resulting mixture at Rs. 350 per quintal, he gains a profit of 25%? 1. 60 quintals 2. 100 quintals 3. 75 quintals 4. 50 quintals 5. 80 quintals
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Related Book For
Business Statistics A First Course
ISBN: 978-0321979018
7th edition
Authors: David M. Levine, Kathryn A. Szabat, David F. Stephan
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