A trader sells litres of a mixture of paints and , where the amount of in the mixture does not exceed that of . The cost of paint A per litre is Rs. more than that of paint B. If the trader sells the entire mixture for Rs. and makes a profit of , then the highest possible cost of paint B, in Rs. per litre, is
A trader sells litres of a mixture of paints and , where the amount of in the mixture does not exceed that of . The cost of paint A per litre is Rs. more than that of paint B. If the trader sells the entire mixture for Rs. and makes a profit of , then the highest possible cost of paint B, in Rs. per litre, is
Solution
Given Information:
- Total mixture = 10 litres (paints A and B combined)
- Amount of B ≤ Amount of A (key constraint!)
- Cost of A = Cost of B + Rs. 8 per litre
- Selling price = Rs. 264
- Profit = 10%
Since the trader makes a 10% profit:
Selling Price = Cost Price + 10% of Cost Price
264 = Cost Price × (1 + 0.10)
264 = Cost Price × 1.10
Cost Price = 264 ÷ 1.10 = Rs. 240
Therefore, average cost per litre = 240 ÷ 10 = Rs. 24
Let us define:
- Cost of paint B = Rs. x per litre
- Cost of paint A = Rs. (x + 8) per litre (since A costs Rs. 8 more than B)
- Quantity of paint A = a litres
- Quantity of paint B = b litres
From the problem:
Total quantity: a + b = 10
Amount constraint: b ≤ a (amount of B doesn't exceed amount of A)
Cost equation: a(x + 8) + bx = 240
From the cost equation:
a(x + 8) + bx = 240
ax + 8a + bx = 240
x(a + b) + 8a = 240
Since a + b = 10:
x(10) + 8a = 240
10x + 8a = 240
x = = 24 - 0.8a
To maximize x (cost of B), we need to minimize a (quantity of A).
From the constraint b ≤ a and a + b = 10:
b ≤ a
Since b = 10 - a, we get: 10 - a ≤ a
10 ≤ 2a
a ≥ 5
So the minimum value of a is 5, which means b = 5.
When a = 5:
x = 24 - 0.8(5) = 24 - 4 = Rs. 20
Let us check if this works:
Cost of A = Rs. 28 per litre, Cost of B = Rs. 20 per litre
Total cost = 5(28) + 5(20) = 140 + 100 = Rs. 240
Constraint satisfied: 5 litres of B ≤ 5 litres of A
Therefore, the highest possible cost of paint B is Rs. 20 per litre.
Key Insight: The maximum cost of B occurs when we use the minimum allowed quantity of A (and maximum allowed quantity of B), which happens when both paints are used in equal amounts - the boundary condition of our constraint.