Question

200 kg of sugar was purchased at the rate of
` 15 per kg and sold at a profit of 5%. Compute
the selling price per kg.
(A) ` 18.25
(B) ` 13.85
(C) ` 15.75
(D) ` 31.50

Answer 1

Answer:

(C) 15.75

Step-by-step explanation:

It is given that the mass of the purchased sugar is 200 kg and the rate per kg is 15 rupees.

Therefore, the total amount of money spent on sugar = 15*200 = 3000 rupees.

It is also given that the profit when he sells this sugar is 5%.

Therefore, the amount of profit is: 5%*3000 = 0.05*3000 = 150 rupees

Therefore, he sells all the sugar for: 150 + 3000 = 3150 rupees.

Therefore, he sells each kg for: 3150/200 = 15.75 rupees.

Hence, the correct answer is (C) 15.75.

Answer 2

Answer:

(C) 15.75

Step-by-step explanation:

Cost per kg = Rs 15

Find the profit:

Profit = 5% of Rs 15

Profit = 0.05 x 15 = Rs 0.75

Find the selling price:

Selling Price = Cost Price + Profit

Selling Price = 15 + 0.75 = Rs 15.75

Answer: (C) 15.75