Math Problem Statement

Solution

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Math Problem Analysis

Mathematical Concepts

Profit and loss
Weighted averages
Percentage calculation
Mixture problems

Formulas

Profit = (Selling Price - Cost Price) / Cost Price * 100
Weighted average price = (Weight1 * Price1 + Weight2 * Price2) / Total weight
Final selling price of mixture = Initial cost price * (1 + Profit percentage)

Theorems

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Suitable Grade Level

Grades 9-11