Question

A shopkeeper bought 120 quintals of wheat. 20% of it was sold at 25% loss. At what percent gain should he sell the rest to gain 25% on the whole transaction-plzz answer it wisely​

Answer 1

Answer:

37.5 %

Step-by-step explanation:

•Let the cost of 120 quintal of wheat be RS.1000

•So cost of 1 quintal of wheat will be 1000/120=Rs. 8.33

•20% was sold ,so selling price of the wheat will be = 120×20/100×3/4×8.33

=149.99 ~= 150

•To obtain profit of 25% selling price of 120 quintal

• 1000×1.25.

=1250

•Now selling price of remaining wheat = 120 - 24

=96quintal

=1250-150=11000

•Cost price of 96 quintal will be 96 × 8.33 = 799.68

• Now the percentage gain = 1100-799.68/799.68×100

=37.5%.

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