200kg of sugar purchased at the rate of 15 per kg and sold at a profit of 5% compute the selling price of sugar per kg
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Answer:
15.75 rupees
Step-by-step explanation:
total amount of money spent on sugar=15*200=3000 rupees
it is also given that the profit when he sells the sugar is 5%.therefore,he sells all the sugar for :150+3000=3150 rupees.
therefore, he sells each kg for:
3150/200=15.75
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