a shopkeeper brought 100 quintal of wheat at rs.1000 per quintal he sold 60 quintal at rs 1500 per quintal and remaining at rs 1200 per quintal find his profit percentage
gvenkatavinashpcys3m:
he got loss he didn't get profit
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Answer:
38 %
Step-by-step explanation:
Given that,
A shopkeeper brought 100 quintal of wheat at rs.1000 per quintal.
Then,
The cost price = 100* 1000 = 100000 Rs.
Also given that,
he sold 60 quintal at rs 1500 per quintal and remaining at rs 1200 per quintal.
Then,
The selling price = 60 * 1500 + 40 * 1200 = 90000 + 48000 = Rs 1,38,000
If selling price > Cost price
Then he got profit.
Profit = 138000 - 100000 = 38000
Profit % = ( 38000/100000) * 100
= 38%
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