60 litres of diesel is boughtat ₹8 per litre.If 10% is lost in transit,at what rate should the remainder be sold to earn 10% on the whole?
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Answer:
Rs. 9.78
Step-by-step explanation:
Total cost of diesel = 60 * 8 = Rs. 480.
To get 10% profit, the total SP = 480 *110/100 = Rs. 528.
But since 10% is lost in transit, the actual quantity of diesel available to sell = 60*90/100 = 54 litres.
Rate at which remainder should be sold = 528/54 = Rs. 9.78
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