A person bought 8 quintal of rice
for certain rupees. After a week, he
sold 3 quintal of rice at 10% profit.
3 quintal of rice with neither profit
nor loss and 2 quintal at 5% loss. In
this transaction, what is the profit?
Answers
let he bought 8 quintal of Rice in rupees 800.
so he bought 3 1uintal Rice in rupees 300.
and he sold the 3 quintal Rice in rupees 300+300×10%
=300+30
=330 rupees
than,he sold his another 3 quintal in neither loss nor profit.
so he sold this in 300 rupees .
in last he sold his left 2 quintal Rice in 5%loss.
so he sold this in - 200-200×5%
=200-10
=190
than he bought 8 quintal Rice in rupees 800.
and sold it in - 300+330+190
=820
SP is more than CP
so, this is a profit of rupees (820-800=20) rupees
Answer: 25%
Step-by-step explanation:
Let CP of 8 quintal is Rs.x
CP of 1 quintal = Rs. x/8
SP of rice 10% profit = 3x/8+3x/8×10/100
=3x/8+3x/80=33x/80
SP of rice without profit and loss = Rs. 3x/8
SP of rice at 5% loss = 2x/8−2x/8×5/100
=x/4−x/4×20=19x/4×20 = 19x/80
Total selling price = 33x/80+3x/8+19x/80
= 33x+30x+19x/80=82x/80
So profit = SP−CP/CP × 100=82x/80−x/x × 100
= (82−80)x/80x × 100 = 2/80 × 100
= 25%