a grocer buys 26 kg of flour and spends rupees 49 on storing it if he sold all the floor for rupees 416 earning a profit of 4% how much had the grocer paid for 1 kg of flour
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Step-by-step explanation:
selling price = 416
profit = 4%
Cost price = (100/96) * 416
= 433.33
money spent on storing = 49
actual CP= 433.33-49- 384.33
cost of one kg flour = 384.33/26= 14.78
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