Question

a grain merchant purchase 4 quintals of wheat for rupees 1600 and pays rupees 20 as transport Charges. He sells the wheat to a retailer at the rate of rupees 4.5 per kg find out his gain percent​

Answer 1

Given Cost of 1 quintal of rice = Rs. 250 Cost of 600 quintals of rice = 600 x 250 = Rs. 150000 Overhead expenses = Rs. 1000 CP = Rs. (150000 + 1000) = Rs. 151000 Profit % = (Profit/CP) x 100 7 = (Profit /151000) x 100 Profit = 1510 x 7 Profit = Rs. 10570 Now SP = CP + profit = Rs. (151000 + 10570) SP = Rs. 161570

Answer 2

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• 4 quintals(400kg) wheat price=₹1600
• Price for transportation =₹20
• Cost Price of 1 kg wheat=₹1600+20 = ₹1620 =₹4.5
• 400 400
• Selling Price of 1 kg wheat=₹4.5
• Gain Prcent=0%

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