Question

A farmer sold his/her rice at Rs. 2000 per quintal to a merchant. The merchant kept a profit of 40% and sold the rice to a shopkeeper. If the shopkeeper makes a profit of 50% while selling you the rice, then how much money will you pay for 1 Kg of rice? What view can you develop from this question?
Rs. 28/kg , farmers are less paid in the market
Rs. 36/kg, price of rice should be given more to the farmer
Rs. 42/kg , we should not waste our food for our farmers
Rs. 48/kg, authority should punish the merchant and shopkeeper
Option 5

Answer 1

Answer:

Given, C.P. of the rice =Rs4500

⇒ C.P. of one -third of total rice =Rs

3

4500

=Rs1500

Profit of one -third of total rice =10 %

So, Profit % =

C.P.

S.P.−C.P.

×100=10

⇒

1,500

S.P.−1,500

×100=10

⇒S.P.−1,500=150

⇒S.P.=Rs1,650

Hence, Selling price of one -third of total rice =Rs1,650

So, Profit on the whole % =

C.P.

S.P.−C.P.

×100=12

⇒

4,500

S.P.−4,500

×100=12

⇒S.P.−4,500=540

⇒S.P.=Rs5,040

Thus, selling price of the two thirds of rice =Rs5,040−Rs1,650=Rs3,390

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Answer 2

Step-by-step explanation:

R

1

=25㎏,29Rs/㎏

R

2

=25㎏,20Rs/㎏

Total cost price=25×29+25×20

=725+500

=1225

Total selling price=50×27=1350

Profit=1350−1225=125Rs