A shopkeeper bought 6 tonnes of wheat at Rs. 1.80 per kg and sold 4.7 tonnes out of it at rate of Rs. 2 per kg.
How much profit will he get if he sells the remaining quantity at Rs. 2.50 per kg?
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Answer:
Cost price of 30 kg of wheat
= 30×45
= Rs.1350
Total SP for an overall profit of
25% = 1350×125100 = Rs.1687.5
SP of 12 kg (30×40100) of wheat
= 12×50 = Rs.600
Expected SP of 18kg of remaining wheat = 1687.5 - 600 = Rs.1087.5
Required selling price per kg
= 1087.518 = Rs.60
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