a merchant bought 10 kg of rice for rupess 70 per kg . he sold 5 kg at rupess 100 per kg and the remaining at rupess 80 per kg. find his profit and the profit percent
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Answers
Answered by
77
Given : Merchant bought 10 kg Rice for 70 ₹ per kg
Cost Price of 10 kg Rice = (10 × 70) = 700 ₹
Given : Merchant sold First 5 kg of Rice at 100 ₹ per kg
Selling Price of First 5 kg of Rice = (5 × 100) = 500 ₹
★ Remaining quantity of Rice near the Merchant = (10 - 5) = 5 kg
Given : Merchant sold remaining quantity of Rice at 80 ₹ per kg
Selling Price of remaining 5 kg of Rice = (5 × 80) = 400 ₹
Selling Price of Total 10 kg quantity of Rice :
★ SP of first 5 kg of Rice + SP of remaining 5 kg of Rice
Selling Price of 10 kg of Rice = (500 + 400) = 900 ₹
We know that : Profit = Selling Price - Cost Price
Profit = (900 - 700) = 200 ₹
Answers :
★ Profit = 200 ₹
★ Profit percent = 28.57 %
chandrashekharZee:
Good answer
Answered by
42
➡️ The merchant bought 10 kg of rice for Rs. 70 per kg.
Hence,
1 kg costs = Rs. 70
10 kg costs = (70 * 10) = Rs. 700
✨ ✨
➡️ He sold 5 kg at Rs. 100 per kg.
Hence,
1 kg costs = Rs. 100
5 kg costs = (100 * 5) = Rs. 500
Thus,
Remaining is = (10 - 5) = 5 kg.
➡️ He sold the remaining at Rs. 80 per kg.
Hence,
1 kg costs = Rs. 80
5 kg costs = (80 * 5) = Rs. 400
✨ ✨
➡️ Since, 900 > 700
So, Selling Price > Cost Price
Thus, there is a Profit.
➡️ Profit = Rs. (900 - 700) = Rs. 200
➡️ Now, Profit percent
= Profit/Cost Price * 100 %
= 200/700 * 100 %
= 200/7 %
= 28.5 % (approx)
➡️
✌️
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