A shopkeeper buys 20 quintals of wheat, he sells 6 quintals at 15% profit, 8 quintals at 20% profit, and disposes of the rest for 25% profit, his total gain was rs 2000. At what price per quintal did he buy the wheat?
(please solve with formula )
Answers
Answered by
80
Let his cost price is Rs.x per quintal
He sells 6 quintals at 15% profit,
8 quintals at 20% profit and
(20-6-8)=6 quintals at 25% profit.
6x × 15/100 + 8x × 20/100 + 6x × 25/100 = 2000
90x + 160x + 150x=200000
400x=200000
x=500
He sells 6 quintals at 15% profit,
8 quintals at 20% profit and
(20-6-8)=6 quintals at 25% profit.
6x × 15/100 + 8x × 20/100 + 6x × 25/100 = 2000
90x + 160x + 150x=200000
400x=200000
x=500
kavitavijay:
A sells some articles to B at a profit of 5%. B sells the same to C at a profit of 20% and C sells them to D at a profit 25%.what would A's percentage of profit B, if he sold the articles directly to D, at the price D paid for them? Raj pls solve this
Answered by
31
Let,
The CP of wheat per quintal= ₹x
He sells,
6 quintals for 15% profit
PROFIT = 15÷100×6x = 90x÷100
8 quintals for 20% profit
PROFIT = 20÷100×8x = 160x÷100
Remaining (20-(6+8)=6) quintals for 25% profit.
PROFIT= 25÷100×6x = 150x÷100
Total profit amount = ₹2000
Equation:
90x÷100 + 160x÷100+150x÷100=2000
(90x+160x+150x)÷100=2000
400x÷100=2000
400x=2000×100
400x=200000
x=200000÷400
x=500
Therefore,
The cost price of wheat per quintal= ₹500
Similar questions