a grain merchant purchase 4 quintals of wheat for 1600 rupees and page 20 transport charges he sells the wheat to retailor at the rate of 4.5 per kg find out his gain percent
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Step-by-step explanation:
4 quintals at 1600 Rupees
So, one quintel at 400 Rupees (unitary method)
20 rupees for 4 quintels so 5 rupees for 1 quiantel
so total cost for one quintal=405 rupees
1 Quintal =100 kg
so, one kg = 405/100=4.05
Profit = SP-CP=4.50-4.05 =0.45
Profit percent = Profit /C P*100
=11.11% Ans
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