a grocer purchased 50 bags of rice at rupees 600 per bag. He spent Rupees 500 for transportation. Due to lack of demand for rice, he incurred a loss of 20%. At what cost price did he sell each bag of rice?
Answers
Answered by
0
Answer:
Step-by-step explanation:
Number of bags of rice purchased by merchant = 50
Cost of each bag = rs 300
Transportation charge for all bags = rs 500
Total money spent by the merchant = rs [(300 × 50)+500]
=[15000+500]
=15500
Loss = 30 %
Money gained = [15500-(30 % of 15500)]
=[15500-4650]
=10850
Selling price for each rice bags = rs 10850/50
= rs 217
mark me as the brainiest
Similar questions