A bag of rice weighing 30 kg costs ₹930 in shop A. The same quality of rice is sold at ₹390 for 10 kg in shop B . The shop where rice is sold cheaper is______
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Step-by-step explanation:
First find out the weighted average purchase price
(30*10 + 35*11) / 30+35
=₹ 10.538/kg
Now he needs to make a profit of 30%
So his selling price should be cost price + 30%
i.e. ₹10.538 + 30% of 10.538
= ₹13.70/kg
Therefore, he should it at ₹13.70/kg in order to make an overall profit of 30%
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Step-by-step explanation:
rice is ₹8 kg cheaper than A to b
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