(a) The new paint has 8 equal parts
(5/8) is paint P and (3/8) is paint Q
So.....the profit made is 180 - (5/8)140 - (3/8)(160) = 180 - 87.5 - 60 = $32.50
% profit = profit / cost to produce = 32.50 / (87.5 + 60) ≈ .22 ≈ 22%
b) P : Q = 5 : 3 Q : R = 2 : 5
P : Q = 10 : 6 Q : R = 6 : 15
So P : Q : R = 10 : 6 : 15
c) Cost to produce one litre of the new mixture
We have 10 + 6 + 15 = 31 equal parts
P= 10/31 Q = 6/31 R = 15/31
(10/31)(140) + (6/31)( 160) + ( 15/31)( 256) = $200
For a 40% profit it needs to sell at
Profit / Cost to Produce = .40
Profit / 200 = .40
Profit = 200 * .40 = 80
200 + 80 = $280
