Jagtap purchases 30 kg of wheat at the rate of 11.50 per kg and 20 kg of wheat at the rate of 14.25 per kg. He mixed the two and sold the mixture. Approximately at what price per kg should he sell the mixture to make 30 per cent profit? Choose the correct choice from the following answers:
A) 16.3  B) 18.2  C) 15.6  D) 14.8  E) 15.4
CP = 30 × 11.50 + 20 × 14.25 = 630   SP = 630 × 130⁄100 × 1⁄50 ≈ 16.30   16.3nswer 16.3
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Jagtap purchases 30 kg of wheat at the rate of 11.50 per kg and 20 kg of wheat at the rate of 14.25 per kg. He mixed the two and sold the mixture. Approximately at what price per kg should he sell the mixture to make 30 per cent profit?