Question

12. I bought I quintal of ghee for Rs 600. At what price per kg must I sell it to gain 4⅙%​

Answer 1

Step-by-step explanation:

We know that,

Profit percentage = Profit*100/C.P

So,

Profit percentage= 4*1/6=25/6

C.P= Rs. 600

Let profit = x

By applying the formula,

25/6= x*100/600

25/6=100x/600

25/6=x/6

Multiplying 6 to both sides

25/6*6=x/6*6

25=x

x=Rs.25

Hence, the total gain is Rs.25

Total amount= 600+25

=625Rs

There you go :)