Question

A trader bought 100kg of wheat for Rs. 850 and sold it at the rate of RS. 95 for 10kg. so how much profit or loss did he make?​

Answer 1

Answer:

he is in profit of 10 rs per 10 kg because

he bought 100kg in 850rs means 8.5 rs per kg and sold it out 9.5rs per kg hence he is in profit 10 rs on 10kg .

Answer 2

Answer:

Rs.100

Step-by-step explanation:

cost price of 100kg of wheat = Rs.850

Selling price of 10kg of wheat = Rs.95

=>selling price of 100kg = Rs.(95*100)/10 = Rs.950

s.p > c.p

=> Profit

so, profit = s.p-c.p = 950-850 = Rs.100