Question

A grocer purchased 200 kg of rice at rs 25 per kg. He sold 80 kg of it at a gain of 10% and 40 kg at a loss of 4% . At what rate per kg should he sell the remainder to gain 8% on his total investment

Answer 1

200×25=5000
10% of 25= 2.5
80×27.5=2200
40×24= 960