15.
A trader bought 120 kg of potato at 24/kg. He
sold 80 kg of it at 50% profit and the balance at
25% low. Find the total profit or loss?
A. 50% Profit B. 25% Profit
C. 50% Loss
D. 25% Loss
Answers
Answer:
Cost of 120 kg of Potato ,if cost of one Kg of Potato is Rs 24= 120 × 24 = Rs 2880
Cost of 80 Kg of Potato, if cost of one Kg of Potato is Rs 24
\begin{gathered}=24\times 80\\\\=1920\end{gathered}
=24×80
=1920
Cost of 40 Kg of Potatoes =40 × 24=Rs 960
When Sold at 50 % profit
Selling price of 80 Kg of Potatoes
\begin{gathered}=1920+1920\times \frac{50}{100}\\\\=1920+960=2880\end{gathered}
=1920+1920×
100
50
=1920+960=2880
And remaining , 40 Kg at the loss of 25%.
Selling price of Remaining 40 Kg of Potatoes
\begin{gathered}=960-960\times \frac{25}{100}\\\\=960-240=720\end{gathered}
=960−960×
100
25
=960−240=720
Total Selling price = Selling price of 80 Kg of Potatoes at a profit of 50% +Selling price of 40 Kg of Potatoes at a loss of 25%
= Rs 2880 + Rs 720
= Rs 3600
→(Selling Price > Cost Price) of 120 Kg Potatoes
Profit = Selling Price - Cost Price
=3600 - 2880
= Rs 720
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