If a shoppkepper has two type of rice. One at Rs 50/- and another at Rs 80/- . He mixed the rice at 2:1 ratio. Find the average price of the mixture. Select.
A) 75
B) 65
C) 60
D) 50
E) 55
Ratio = 2x:x, Total quantity=50*2x+80*x=180x   Average price=180x/(2x+x)=60   ANSWER:60
<result>C</result>
If a shoppkepper has two type of rice. One at Rs 50/- and another at Rs 80/- . He mixed the rice at 2:1 ratio. Find the average price of the mixture.