Question

4. A farmer sells one quintal of rice for 924 and earns a profit of 12%. By selling one
quintal of wheat for the same amount he loses 12%. Find :
(i) C.P. of rice
(ii) C.P. of wheat
(iii) gain or loss per cent on the whole deal.​

Answer 1

Answer:

Sp of 1 Quinta rice-₹924

Profit=12%

Cp=100/112*924=825

Sp of 1 quintal wheat-₹924

Loss=12%

Cp=100/88*924=1050

Total sp =924+924=1848

Total cost price =1050+825=1875

Cp>sp,so loss

=>1875-1848=27ans

Hope this help you