A shopkeeper buys 20 quintals of wheat.He sells 6 quintals at a profit of 15%,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? Detail explanation
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Let the cost price be x.
Given, He sells 6% at profit 15%, 8 at 20% profit and 6 at 25% profit and gain = 2000.
6x * 15/100 + 8x * 20/100 + 6x * 25/100 = 2000
90x + 160x + 150x = 2000
x = 500.
He bought the wheat for 500rs.
Hope this helps!
Given, He sells 6% at profit 15%, 8 at 20% profit and 6 at 25% profit and gain = 2000.
6x * 15/100 + 8x * 20/100 + 6x * 25/100 = 2000
90x + 160x + 150x = 2000
x = 500.
He bought the wheat for 500rs.
Hope this helps!
Answered by
6
l hope that it will helps you.
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