200 kg of rice was purchased at the rate of Rs 20 per kg and sold at a profit of 5%. Compute the profit and the selling price per kg.
199,20
200,21
201,22
202,23
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200 kg of rice was purchased at the rate of Rs 20 per kg and sold at a profit of 5%. Compute the profit and the selling price per kg.
A) 199,20
B) 200,21
C) 201,22
D) 202,23
- Total weight of Rice = 200
- CP of 1 kg Rice = ₹20
- Sold at profit = 5%
Let,
SP of 1 Kg Rice = 5% of 20 + 20
Now,
CP of 200 kg Rice = 20×200
SP of 200 Kg Rice = 21×200
So, Profit = SP - CP
= 4200 - 4000
=200
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