Joseph bought two varieties of rice, costing 5 cents per ounce and 6 cents per ounce each, and mixed them in some ratio. Then he sold the mixture at 7 cents per ounce, making a profit of 20 percent. What was the ratio of the mixture?
1:10
1:5
2:7
3:8
The correct Answer is:B
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Knowledge Check
- Question 1 - Select One
In what proportion must rice at $0.8 per pound be mixed with rice at $0.9 per pound so that the mixture cost $0.825 per pound?
A1:3B1:2C1:1D3:1 - Question 1 - Select One
A tea connoisseur wants to mix two varieties of tea in order to makes a special variant. He wants to use Green Tip priced at $100/Ib and Cinnamon Dew priced at $135/Ib respectively. In what ratio should he mix them so that the average price of the mixture comes to $150/Ib if he wants to makes a 25% profit by selling it ?
A2:7B3:8C3:4D5:2
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