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A tea importer mixes tea bought at £5.20/kg with tea at £5.60/kg. He sells this blend at £6.80/kg making a profit of 25% on his cost price. In what ratio does he mix the teas?
The tea importer mixes two types of tea, priced at £5.20/kg and £5.60/kg, to create a blend sold at £6.80/kg, achieving a 25% profit on the cost price. The ratio of the less expensive tea (T1) to the more expensive tea (T2) in the blend is determined to be 2:3. This conclusion is reached through a series of equations that account for the total weight of the mix and the cost of the blended tea. The calculations confirm that the importer effectively balances the two teas to maximize profit.
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