Question

351. A merchant purchased 100 bags of rice for Rs.50,000/- and sold
them for Rs 58,000/- How much profit he got?
(A)
(A) Rs.8000/-
(B) Rs.6000/-
(C) Rs.5000/-
(D) None​

Answer 1

Here is your answer,=>=>=>

Answer:

=> (D) None

Step-by-step explanation:

according to the question:-

cost price= Rs 50,000 (along with overhead 100 bags)

selling price = Rs 58,000

(cost price = 50,000*100= 50,00,000)

As, cost price >selling price

so it is a profit

profit = 50,00,000 - 58,000

         =49,42,000

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