Mutual Funds are regulated in India by SEBI (Securities and Exchange Board of India). It was founded in 1992. In 1996, SEBI formulated the Mutual Fund Regulation.
A shopkeeper mixed two verities of rice at Rs. 40/kg and Rs.60/kg in the ratio 3: 2 and sold the mixture at 10% profit. Find the price per kg at which he sold the mixture?