Question

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

Answer 1

Step-by-step explanation:

refer to the attachment ✙✙

Answer 2

Given :

Cost of Per quintal = Rs 800

Octori charges = Rs 400

Transportation charges = Rs 600

Selling price of per quintal = R

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 = Cost Price - Selling Price

Loss = 41,000 - 37,500

Loss = ₹ 3500.

Hence :

\bold{Loss \: = \: Rs \: 3500}Loss=Rs3500

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