(1) Bhimrao bought seeds of wheat worth 20,500 and sowed in his filed. He spent 9700 on Labour Rs5600 on pesticides and fertilizer. He sold the wheat produced Rs28,640. What was his profit or loss percent?
STD 6 subject mathematics
please help me please
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Answer:
Given,
Cost Price of wheat's seed = ₹20,500
Labour expense = ₹9,700
Expense on pesticides & fertilizer = ₹5,600
Therefore,
Total Cost Price (C.P) = ₹(20500+9700+5600)
= ₹35800
Selling Price (S.P) of wheat = ₹28640
Therefore,
Loss = C.P - S.P
= 35800 - 28640
= ₹ 7160
By formula,
Loss℅ = (Loss/C.P × 100) ℅
= (7160/35800 × 100) ℅
= 716000/35800 ℅
= 20℅
Answer :- His loss percentage is 20℅
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