CAT 2022 Slot 1QA Question 5

Profit & LossEasy

Amal buys 110 kg of syrup and 120 kg of juice, syrup being 20% less costly than juice, per kg. He sells 10 kg of syrup at 10% profit and 20 kg of juice at 20% profit. Mixing the remaining juice and syrup, Amal sells the mixture at ₹ 308.32 per kg and makes an overall profit of 64%. Then, Amal’s cost price for syrup, in  Rupees per kg, is

Answer & solution

Answer: 160

Solution

Easy

Let juice cost 10x10x/kg so syrup (20% cheaper) costs 8x8x/kg — a clean way to handle the 20%20\% gap. Compute the revenue from the small lots sold first, then set total revenue =1.64×=1.64\times total cost (the 64%64\% overall profit) to solve for xx.

1

Set per-kg cost prices. Juice =10x=10x, syrup =20%=20\% less =8x=8x.

2

Revenue from the lots sold separately:

10 kg syrup at 10% profit=10×(8x1.1)=88x20 kg juice at 20% profit=20×(10x1.2)=240xremaining mixture=110+12030=200 kg at 308.32/kg\begin{aligned} &10\text{ kg syrup at }10\%\text{ profit}=10\times(8x\cdot1.1)=88x\\ &20\text{ kg juice at }20\%\text{ profit}=20\times(10x\cdot1.2)=240x\\ &\text{remaining mixture}=110+120-30=200\text{ kg at }308.32/\text{kg} \end{aligned}
3

Total cost of everything:

CP=110(8x)+120(10x)=880x+1200x=2080x\text{CP}=110(8x)+120(10x)=880x+1200x=2080x
4

Total revenue =1.64×=1.64\times total cost (overall 64%64\% profit). Solve for xx:

2080x×1.64=88x+240x+308.32×2003411.2x328x=616643083.2x=61664  x=20\begin{aligned} &2080x\times1.64=88x+240x+308.32\times200\\ &3411.2x-328x=61664\\ &3083.2x=61664\ \Rightarrow\ x=20 \end{aligned}
5

Cost price of syrup =8x=8x:

8×20=160 per kg8\times20=160\ \text{per kg}
\unicodex20B9160 per kg\unicode{x20B9}\,\mathbf{160}\ \text{per kg}
CAT 2022 Slot 1 QA Q5: Amal buys 110 kg of syrup and 120 kg of juice, syrup being 20% less costly than juice, per kg. He sells 10 kg — Solution | TheCATExam