Math Problem Statement

a dealer has 1000kg sugar and he sells a part of it at 8% profit and the rest of it at 18% profit. The overall profit that he earns is 14%. So how much grams of the sugar did he sell at 18% profit

Solution

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Math Problem Analysis

Mathematical Concepts

Algebra
Weighted Averages
Profit Calculation

Formulas

Total profit = (x * 18 + (1000 - x) * 8) / 1000
Weighted Average Formula

Theorems

Weighted Average Theorem

Suitable Grade Level

Grades 8-10