Sue makes 50 litres of green paint by mixing litres of yellow paint and litres of blue paint in the ratio 1:4. Yellow paint is sold in 5 litre tins and each tin of yellow paint costs £38. Blue paint is sold in 10 litre tins and each tin of blue paint costs £58. Sue sells all the green paint she makes in 10 litre tins at £89.32 per tin. Work out Sue's percentage profit on each tin of green paint she sells.

Respuesta :

Answer:

Sue's percentage profit = 9% on each tin of green paint she sells.

Step-by-step explanation:

Litres of green paints mixed = 50 litres

Ratio of litres of yellow paint and litres of blue paint = 1:4.

To determine the litres of yellow paint, we say:

[tex]yellow \: paint = \frac{1}{4} \times 50 = 10 \: litres[/tex]

To determine the litres of blue paint, we say:

[tex]blue \: paint = \frac{4}{5} \times 50 = 40 \: litres[/tex]

Since yellow paint is sold in 5 litres per tin and each tin cost £38; she has 10 litres of yellow paint in all. That implies that she has 10/5 = 2 tin of yellow paint. If one tin cost £38; 2 tin cost 2 × £38 = £76

Similarly,

Since blue paint is sold in 10 litres per tin and each tin cost £58; she has 40 litres of blue paint in all. That implies that she has 40/10 = 4 tin of blue paint. If one tin cost £58; 4 tin cost 4 × £58 = £232

Total cost of yellow and blue paints = £232 + £76

= £308

Since Sue sells all the green paint she makes in 10 litre tins at £89.32 per tin and she has 50 litres in all; we say: 50/10 litres = 5 tins = 5 × £89.32 = £446.60.

Thus, selling price of the green paint = £446.60

[tex]profit \: \% = \frac{selling \: price - cost \: price}{cost \: price} \times \frac{100}{1} [/tex]

[tex]profit \: \% = \frac{446.60 - 308}{308} \times \frac{100}{1} [/tex]

[tex]profit \: \% = \frac{138.60}{308} \times \frac{100}{1} [/tex]

[tex]profit \: \% = 0.45 \times 100[/tex]

[tex]profit \: \% = 45\%[/tex]

Sue's percentage profit for selling all the tins of green paint is 45%, having sold 5 tins. Therefore, Sue's percentage profit for selling each of the paint will be:

[tex]profit \: \% \: on \: each \: green \: tin = \frac{45}{5} = 9\%[/tex]

Hence, Sue's percentage profit for selling each tin of green paint is 9%.

Proof

9% × 5 tins of green paint = 45%

The percentage of profit that Sue earn on each tin of green paint she sells is 9%

How to find the percentage from the total value?

Suppose the value of which a thing is expressed in percentage is "a'

Suppose the percent that considered thing is of "a" is b%

Then since percent shows per 100 (since cent means 100), thus we will first divide the whole part in 100 parts and then we multiply it with b so that we collect b items per 100 items(that is exactly what b per cent means).

Thus, that thing in number is

[tex]\dfrac{a}{100} \times b[/tex]

For this condition,we're given that:

  • Total 50 liters of green paint is made from 1:4 mixture of yellow and blue paint.
  • Yellow paint is sold in 5 litres tin and each tin is of £38
  • Blue paint is sold in 10 litres tin and each tin is of £58
  • Selling price of 50 litres green paint in 10 litre tins is £89.32 per tin

Let yellow paint was x liters, then blue paint was 4x litres ( as their ratio must make 1:4)

Now, we have:

x + 4x = 50

5x = 50

x = 10 litres.

Thus, there was 10 litres of yellow paint, and 40 litres of blue paint.

10 litres of yellow paint = 2 tins of 5 litres of yellow paint.

Since 1 yellow paint tin costs £38

Thus, 2 yellow paint tin costs £76

40 litres of blue paint = 4 tins of 10 litres of blue paint.

Since 1 blue paint tin costs £58

Thus, 4 blue paint tin costs £232

Total cost price for making 50 litres green paint = £76 + £232 = £308

50 litres green paint = 5 tins of 10 litre green paint.

1 tin of green paint sells for £89.32

5 tins would sell for £446.6

Total profit = net selling price - net cost price = £446.6 - £308 = £138.6

Percentage of profit is counted on cost price.

Let it be p% of the cost price.

Then, we get:

[tex]\dfrac{308}{100} \times p = 138.6\\\\ p = \dfrac{138.6}{3.08} = 45[/tex]

As the percentage of profit that Sue earn was for 5 tins of green paint she sells is 45%, so for each tin, she earned 45/5 = 9% profit.

Thus, the percentage of profit that Sue earn on each tin of green paint she sells is 9%

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