A grocer purchased 150kg rice at rupees 25 per kg. He sells 70kg at a profit of 5percent. At what profit percent should he sell the remaining 80kg so as to make an overall profit of 15 percent? ?
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Hey sup!
Cost price=(150*25)=37.50Rs
Profit=15%.
Selling price=37.50(1+15/100)=(3750×115)/100
=43.125 Rs
Cost price of 70 kg= 70*25=17.50Rs
Profit%=5%.
Selling price=1750(1+5/100)=1750(105/100)
=18.375Rs
Remaining selling price=43.125-18.375=24.75
That means if the grocer sell the remaining 80kg in 24.75Rs.The overall profit will be 15%.
So he has to sell the remaining 80 kg at 24.75/80 = 31 paise/kg approximately.
Profit=31-26=6paise
so profit%=6/25 ×100=24%.So, the remaining 80kg has to be sold at 24%.
Hope it helps.
Cost price=(150*25)=37.50Rs
Profit=15%.
Selling price=37.50(1+15/100)=(3750×115)/100
=43.125 Rs
Cost price of 70 kg= 70*25=17.50Rs
Profit%=5%.
Selling price=1750(1+5/100)=1750(105/100)
=18.375Rs
Remaining selling price=43.125-18.375=24.75
That means if the grocer sell the remaining 80kg in 24.75Rs.The overall profit will be 15%.
So he has to sell the remaining 80 kg at 24.75/80 = 31 paise/kg approximately.
Profit=31-26=6paise
so profit%=6/25 ×100=24%.So, the remaining 80kg has to be sold at 24%.
Hope it helps.
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