850 kg of wheat was sold at rupees 18.50 per kg the shopkeeper made a profit of rupees 235 at what price per kg did he buy the wheat
Answers
Answer:
SOLUTION
Given:
A shopkeeper bought 6 tonnes of wheat at Rs. 1.80 per kg and sold 4.7 tonnes out of it at the rate of Rs. 2 per kg. And the remaining quantity sells at Rs. 2.50 per kg
Concept Used:
Profit = Selling price – Cost price
1 tonne = 1000 kg
Calculation:
The shopkeeper bought 6 tonnes of wheat
He bought a total of 6 × 1000
⇒ 6000 kg of wheat
The cost price of wheat is Rs. 1.80 per kg
The cost price of 6000 kg wheat is (6000 × 1.80)
⇒ 10800
4.7 tonnes i.e. 4700 kg wheat sell at price Rs. 2 per kg
The selling price of 4700 kg wheat is (4700 × 2)
⇒ 9400
Remaining wheat = (6 – 4.7) tonnes
⇒ 1.3 tonnes
⇒ (1.3 × 1000)
⇒ 1300 kg
The selling price of 1300 kg of wheat is Rs. 2.5 per kg
The total selling price of 1300 kg wheat is (1300 × 2.5)
⇒ 3250
The total selling price of 6000kg wheat is (9400 + 3250)
⇒ 12650
Total profit = (12650 – 10800)
⇒ 1850
∴ He will get a total of Rs. 1850 profit
Step-by-step explanation:
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