Question

A dealer bought 50 quintals of rice at the rate of rs 800 per quintal . He paid rs 400 as octori charges and rs 600 as transportation charges .Then he sold the whole stock rs 750 per quintal . Find his gain or loss.

Answer 1

Answer : $\bold{Loss \: = \: Rs \: 3500}$



Explanation -

Given :

Cost of Per quintal = Rs 800

Octori charges = Rs 400

Transportation charges = Rs 600

Selling price of per quintal = Rs 750.



Finding the cost of 50 quintals -

per quintal = Rs 800

50 quintals = 50 x 800 = 40,000

So, cost of 50 quintals = Rs 40,000

Add his octori and transportation charges -

40,000 + 600 + 400 = 41,000.

Cost Price = ₹ 41,000



Finding Selling price of 50 quintals -

per quintal = Rs 750

50 quintals = 50 x 750 = 37,500

So, the Selling Price of 50 quintals = ₹ 37,500



Finding Loss/Gain -

Here, CP is more than SP . CP > SP. Hence, loss.

Loss = Cost Price - Selling Price

Loss = 41,000 - 37,500

Loss = ₹ 3500.


Hence :

$\bold{Loss \: = \: Rs \: 3500}$

Answer 2

Answer:

Explanation -

Given :

Cost of Per quintal = Rs 800

Octori charges = Rs 400

Transportation charges = Rs 600

Selling price of per quintal = Rs 750.

Finding the cost of 50 quintals -

per quintal = Rs 800

50 quintals = 50 x 800 = 40,000

So, cost of 50 quintals = Rs 40,000

Add his octori and transportation charges -

40,000 + 600 + 400 = 41,000.

Cost Price = ₹ 41,000

Finding Selling price of 50 quintals -

per quintal = Rs 750

50 quintals = 50 x 750 = 37,500

So, the Selling Price of 50 quintals = ₹ 37,500