In what ratio sugar of Rs. 38/kg and Rs. 30/kg be mixed so that on selling the mixture at Rs. 35.2/kg, there is a 10% profit?
Given Profit = 10%, Selling Price = Rs. 35.2
Cost Price = Selling Price/(1 + Profit%) = 35.2/(1 + 10%) = 35.2/(1 + 0.1) = 35.2/1.1 = Rs. 32
Now find the ratio in which the two varieties of sugar need to be mixed to get a cost price of Rs. 32
Using the formula for Allegations,
Quantity of lesser price/Quantity of higher price = (Average - Price of lesser quantity)/(Price of higher quantity - Average)
⇒ (32 – 30)/(38 – 32) = 2/6 = 1 : 3
∴ Required ratio = 1 : 3
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