24. A grocer purchased 200 kg of rice at * 25 per kg. He sold 80 kg of it at a gain of 10% and
40 kg at a loss of 4%, At what rate per kg should he sell the remainder to gain 8% on his total
investment?
6. If the selling price of a TV set is equal to of its cost price, find the gain per cent.
Answers
24. First,
Price per kg of rice = 25 Rs
Total cost price of rice = 25 * 200 = 5000 Rs
Cost price of 80 kg = 25*80 = 2000 Rs
Selling Price of 80 kg = (110/100)*2000
= 2200 Rs
Cost price of 40 kg = 25*40
= 1000 Rs
Selling Price of 40 kg = (96/100)*1000
= 960 Rs
Total Selling price of both portions = 1000 + 2200
= 3200 Rs
Required Selling price including remaining portion of rice = (108/100)*5000 Rs
= 5400 Rs
So selling price of remaining portion of rice
= 5400-3200
= 2200 Rs
Amount of rice.left = 200 -(80+40)
= 80 kg
So required rate per kg for remaining portion
=2200 / 80
= 27.5 Rs per kg
Hope it helps you this took a while to type.....