A shopkeeper have 100 kg of rice. He sells 25kg at some profit and sell remaining part at 8% profit. If he earn 10% profit on whole transaction than find at what % profit he sell 25 kg rice
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Answer:
8th
Maths
Comparing Quantities
Prices Related to Buying and Selling
A shopkeeper sells 100 kg o...
MATHS
A shopkeeper sells 100 kg of sugar partly at 10% profit and the remaining at 20% profit. If he gains 12% on the whole transaction how much sugar did he sell at 20% profit?
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ANSWER
We take the cost of 1kg of sugar = Rs. x
So the price =100x.
The shopkeeper sold 20 kg of sugar at 20% profit.
Then the profit on 100 kg of sugar at 12%= 100x×
100
12
=12x .......(i)
Let the sugar be divided into p kg and (100−p) kg.
So the price of p kg =px.
Then the profit on p kg at 10%= px×
100
10
=
10
px
..........(ii).
Again the price of 100−pkg=(100−p)x.
Then the profit on (100−p) kg at 20%= (100−p)x×
100
20
=
10
(200−2p)x
..........(iii).
Then, adding (ii) & (iii), the total profit =
10
px
+
10
(200−2p)
=
10
x(200−p)
∴
10
x(200−p)
=12x ....(comparing with (i))
⇒200−p=120
⇒100−p=(100−80) kg =20 kg
So, the shopkeeper sold 20 kg of rice at 20% profit.
The profit that 25 kg of rice sold is 16%.
Given:
A shopkeeper has 100 kg of rice. He sells 25kg at some profit and sells the remaining part at 8% profit.
To find:
If he earns 10% profit on the whole transaction then find at what % profit he sold 25 kg rice
Solution:
Formula used:
Selling price = (100+%Profit)/100 × Cost price
Let 'C' be the cost price of the rice
The cost price of 25 kg rice = 25/100 × C = 0.25C
The cost price of 75 kg rice = 75/100 × C = 0.75C
Let 25 kg of rice being sold at x% profit
The selling price of 25 kg = (100+x)/100 × 0.25C
= (0.25 + 0.0025x)C
Remaining 75 kg sold at 8% profit
The selling price of 75 kg rice = (100+8)/100 × 0.75C
= 1.08 × 0.75C = 0.81C
Total selling price = (0.25 + 0.0025x)C + 0.81C
= (0.25 + 0.0025x + 0.81)C
= (1.06 + 0.0025x) C
It is given that, in the end, the total profit is 10%
Then selling price of 100 kg can be calculated as
The selling price of 100 kg = [ C + (10 × C) / 100)
= C + 0.1C = 1.1C
It is calculated that the Total selling price = (0.81 + 0.0025x)C
=> 1.1C = (1.06 + 0.0025x) C
=> 1.1 = (1.06 + 0.0025x)
=> 0.04 = 0.0025x
=> x = 0.0025/0.04
=> x = 16%
Therefore,
The profit that 25 kg of rice sold is 16%.
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