Question

A dealer purchased 50 quintals of rice at rs 850 per quintal and sold 30 quintals of rice at rs 800 per quintal and the remaining at rs 900 per quintal.what was his gain or loss percentage?

Answer 1

his CP for each rice quintal is 850
he purchased 50 means CP is 850×50 is 42500
if sell 20bags for 800that is 16000
if sell30 bags for 900that is 27000
total SP is 43000
then profit is 500