Question

A businessman bought 25 quintal of wheat at the rate of 500 per quintal. 2 quintal of wheat are rotten. Rest of wheat he wheat he sold at the rate of 520 per quintal. Find his loss or profit.​

Answer 1

Step-by-step explanation:

1 quintal= 500

25 quintal = 500 x 25 =12500

2 quintal of wheat rotten = 1000

rest of wheat = 23 quintals = 23 x 500 = 11500

wheat he sold at the rate of 520 per quintal

= 520 x 23 = 11960

cp = 11500

sp = 11960

sp - cp = 11960 - 11500

profit = 460

Answer 2

Answer:

1 quintal= 500

25 quintal = 500 x 25 =12500

2 quintal of wheat rotten = 1000

rest of wheat = 23 quintals = 23 x 500 = 11500

wheat he sold at the rate of 520 per quintal

= 520 x 23 = 11960

cp = 11500

sp = 11960

sp - cp = 11960 - 11500

profit = 460