Question

a shopkeeper bought wheat for ₹35000. due to seepage 1/7 of total wheat was spoiled.hesold the good wheat at a gain of 10 percent and spoiled wheat at a loss of 25 percent find his total gain or loss per cent ???????

Answer 1

total weight bought = 35000

loss due to seepage = 1/7 i.e., 35000/7 = 5000

so left over wheat = 35000 - 5000 = 30000

left over wheat was sold at a gain of 10%... so 30000 + 10% = 33000

spoiled wheat was sold at 25% loss...so 5000 - 25% = 3750

total sales(sale price) = 33000 + 3750 = 36750

cost price = 35000

sales price > cost price

36750>35000

so profit exists..

profit = sales price - cost price = 36750 - 35000 = 1750

profit percentage = (profit/cost price )*100

= (1750/36750)*100

=4.76% is the profit percentage