A shopkeeper made a profit of 20% in selling 10 kg of rice for Rs. 1,200. What is per kg cost of rice?
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Step-by-step explanation:
total selling price of 10 kg rice be = 1200
selling profit = 20%
so
total cost of 10kg rice=( 1200×100)÷120
=120000÷120
=1000
so per kg cost=1000÷10
=100
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