Question

A grocery owner sells a quintal of rice for ₹896 and earns a profit 12% by mistake he also sels a sugar of the same price thereby losing 44% find the cost price of 1kg of rice and 1kg of sugar also find overall profit or loss​

Answer 1

Answer:

cost for one kg rice is 0.896 rupees

cost for one kg sugar is 0.896

total profit on selling rice is 96 rupees

total loss on selling sugar is 704  rupees

Step-by-step explanation:

Let cost price for rice be x

cost for 1 quintal rice is 896 rupees

so, cost for one kg rice is $= \frac{896}{1000} = 0.896 rupees$

cost for  1kg sugar will also be same as rice = 0.896 rupees

profit on selling 1 quintal rice is 12%

we know that cost price is given as

$CP = \frac{100\times SP}{100 + Pofit/ percentage}$

where SP is selling price = 896

profit percentage is 12%

so $CP = \frac{100\times 894}{100 + 12}$

   CP = 800

profit on selling rice is = 896 - 800 = 96 rupees

For sugar

we know that cost price is given as$CP = \frac{100\times SP}{100 -loss/ percentage}$

where SP is selling price = 896

loss percentage is 44%

so $CP = \frac{100\times 894}{100 - 44}$

   CP = 1600

total loss on selling sugar is = 1600 - 896 = 704 rupees

Answer 2

Step-by-step explanation:

answer 45/3 this is answe