Kalam bought two varieties of rice, costing Tk. 50/kg and Tk. 60/kg each, and mixed them in some ratio. Then he sold the mixture at Tk. 70/kg. Making a profit of 20%. What was the ratio of the mixture?

Kalam bought two varieties of rice, costing Tk. 50/kg and Tk. 60/kg each, and mixed them in some ratio. Then he sold the mixture at Tk. 70/kg. Making a profit of 20%. What was the ratio of the mixture?

A 1 : 10

B 1 : 5

C 2 : 7

D 3 : 8

E None

Solution

Correct Answer: Option B