A water-based paint containing 25.0 wt% pigment and the rest is water sells for PhP 900/kg. Another variation of the paint has 12.0% pigment, with water as the balance, and it sells for PhP 500/kg. If you produce a paint blend with 17.0% pigment by mixing the two other paints, how much should you sell it to yield a 10% profit?
A water-based paint containing 25.0 wt% pigment and the rest is water sells for PhP 900/kg. Another variation of the paint has 12.0% pigment, with water as the balance, and it sells for PhP 500/kg. If you produce a paint blend with 17.0% pigment by mixing the two other paints, how much should you sell it to yield a 10% profit?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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A water-based paint containing 25.0 wt% pigment and the rest is water sells for PhP 900/kg. Another
variation of the paint has 12.0% pigment, with water as the balance, and it sells for PhP 500/kg. If you
produce a paint blend with 17.0% pigment by mixing the two other paints, how much should you sell it
to yield a 10% profit?
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