A shopkeeper bought 65kg. Of wheat for rs 2600 and sold it for rs 42 per kg. Did he get more or less than what he spent ? How much?
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Hey yours answer is here.
GIVEN
Cost Price of 65kg Wheat=2600
Selling Price of 1 kg = 42
FIND
profit or loss
Solve
cost price of 1 kg wheat=2600/65
that mean C.P of 1 kg wheat is 40 Rs
selling price is more than cost price so he get profit.
SP-CP=GAIN/PROFIT
GAIN=42-42,
2Rs
Gain %=Gain×100/C.P
=2×100/40
=5%
HOPE IT WILL HELP U PLZ FOLLOW ME
GIVEN
Cost Price of 65kg Wheat=2600
Selling Price of 1 kg = 42
FIND
profit or loss
Solve
cost price of 1 kg wheat=2600/65
that mean C.P of 1 kg wheat is 40 Rs
selling price is more than cost price so he get profit.
SP-CP=GAIN/PROFIT
GAIN=42-42,
2Rs
Gain %=Gain×100/C.P
=2×100/40
=5%
HOPE IT WILL HELP U PLZ FOLLOW ME
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