A shopkeeper bought 80 kg rice for 384 and
was obliged to sell it at a loss of as much
money as he received for 16 kg. Find selling
price (per kg) of rice.
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2
Answer:
3.84
Step-by-step explanation:
cost of 1kg rice = 384÷80 = 4.8
so loss = cost of 16 kg rice= 4.8 × 16= 76.8
Selling price of 80kg rice= 384-76.8= 307.2
hence selling price of 1kg rice= 307.2÷80= 3.84
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