Question

A merchant buys a 50 litre cask of wine for Rs. 6250 and sells it at Rs. 130 per
litre. His loss or gain percent is​

Answer 1

Step-by-step explanation:

Price of 50 litre wine = Rs 6250

Price of 1 litre wine = 6250/50

= Rs 125

So the merchant gains Rs 5 per sale.

Now,

Gain = Sale price (SP) - Cost price (CP)

= 130 - 125

= 5

Gain% = [(gain / total CP) × 100] %

= [(5/125) x 100]

= (0.04 x 100)

= 4 %

Answer 2

Answer:

Answer

CP of 50 litre cask of wine =6250

SP of 50 litre wine =130×50=6500

Profit =6500−6250=250

Profit % =250/6250×100=4%