A trader sells two brands of petrol; one is Extra Premium and other one is speed. He mixes 12 litres Extra Premium with 3 litres of speed and by selling this mixture at the price of Extra Premium he gets the profit of 9.09. If the price of Extra Premium Rs. 48 per litre, then the price of Speed is:
A. Rs. 38 per litre
B. Rs. 42 per litre
C. Rs. 28 per litre
D. Rs. 18 per litre
E. None of These
Answer: Option C
Solution(By Examveda Team)
Selling price mix EP, = (CP + 9.09% of CP)48 = $$\frac{{12}}{{11}}$$ of CP
CP = 44
No, using Alligation method,
4 : 1 Thus,
X = 44
Thus, the price of speed brand is Rs. 28/litre.
This Question Belongs to Arithmetic Ability >> Profit And Loss
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