A shopkeeper purchased rice from two farmers. From one farmer, he purchased 8 kg of rice for a total of Rs. 100, while from the second farmer, he purchased 4 kg of rice for a total of Rs. 120. He had to incur transportation cost to bring the rice to his shop, which was equal to 5% of the amount he paid to the farmers. On reaching his shop, he mixed the rice purchased from the two farmers. While mixing, 2% rice fell on the ground and therefore could not be sold. At what price should he sell the rice so as to make 10% overall profit?
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Correct option is
A
Rs125
R
1
=25㎏,29Rs/㎏
R
2
=25㎏,20Rs/㎏
Total cost price=25×29+25×20
=725+500
=1225
Total selling price=50×27=1350
Profit=1350−1225=125Rs
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