a grocer sold 5 kg of wheat flour at rs 55 per kg and gained 10 % .if he had sold it at rs 52 per kg ,what would be his gain or loss percent?
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Given :
- S.P = Rs 55 / kg
- Amount sold = 5 kg
- Gain % = 10%
To find :
- Gain / loss % at SP = Rs 52 / kg
Solution:
SP of 5 kg = SP of 1 kg × 5
= 55 × 5
= Rs 275
Hence the Cost price of 5 kg wheat flour is 250 Rs .
New SP = 52 / Kg .
SP of 5 kg flour = 52 × 5
= Rs 260
SP > CP , therefore it is gain
Gain = SP - CP
= 260 -250
= 10
Hence the seller would have gained 4% profit if he would have sold 5 kg flour at rate of Rs 52/kg .
amitkumar44481:
Great :-)
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