Two types of rice (type 1 and type 2) were mixed in the respective ratio of 1 : 3. The mixture was then sold at the ra

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Q 1624180051.     Two types of rice (type 1 and type 2) were mixed in
the respective ratio of 1 : 3. The mixture was then sold
at the rate of ₹ 75.60 per kg to gain a profit of 20%. If the price
of type 1 rice is ₹ 75 per kg, what is the price of type 2
rice per kg?
IBPS-CLERK 2014 20/12/2014
A

₹55

B

₹53

C

₹59

D

₹57

E

₹62

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Solution
(Provided By a Student and Checked/Corrected by EXXAMM.com Team)

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