Question

A man purchased a bag of nice containing 70 kg for rs 175.he sold it fir rs.2.75 per/kg
find his loss or profit?​

Answer 1

Answer:

profit

Step-by-step explanation:

because. he purchased it in175 and sold on price

2.75 if we divide 175 by 70 we get 2.5 whicH is less than 2.75 so profit

Answer 2

Profit = 17.5

Step-by-step explanation:

Condition for profit = S.P - C.P

If selling price is more than cost price then makes profit.

According to the cost price of the bag, 70 kg = 175 Rs

So,  cost of 1 Kg bag is =175/70

                                     = 2.5 Rs

selling price of 1 kg bag cost is  2.75 Rs

profit = S.P - C.P

          $2.75-2.50=0.25$ per Kg

the selling price of 70 kg = $70\times0.25=17.5$