a grocery owners sells a quintal of rice for rupees 896 and earns profit of 12% by mistake he also sells the quintal of sugar for the same price thereby losing 44% find the cost price of 1kg of rice and 1 kg of sugar also find his overall profit or loss percent. answer is rice = 8 kg,sugar = 16 kg.
please solve solution
Answers
Answered by
19
Answer:
Cost of 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
Cost for 1 quintal rice is 896 rupees
So, cost for one kg rice is
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
where SP is selling price = 896
Profit percentage is 12%
So
CP = 800
Profit on selling rice is = 896 - 800 = 96 rupees
For sugar
We know that cost price is given as
Where SP is selling price = 896
Loss percentage is 44%
So
CP = 1600
Total loss on selling sugar is = 1600 - 896 = 704 rupees
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2
Answer:
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