Question

A businessman bought 50 kg cereal for Rs 2000 he spent Rs 400 on its cleaning the value of cereal decreased in market due to high supply he sells it for Rs 41 per kg find his percentage gain or loss please please solution

Answer 1

Answer:

loss of 17.07%

Step-by-step explanation:

money spent by him on 50kg cereals=2000+400=2400

so on 1 kg cereal money spent=2400÷50=48Rs

and he sold 1kg for 41Rs

so %loss=[(48-41)/41]×100=17.07%