A trader bought a bag of 40 kg of basmati rice at Rs. 125 per kg and another bag of 60 kg at Rs. 150 per kg. He sold the entire stock at a profit of 20%. Find the selling price per kg.
Answers
Answer:
Cost of basmati rice=
40×150=5000
The cost of basmati rice is 5000.
Cost of another bag=60×150
=9000.
The cost of another bag is 9000.
Total cost price=5000+9000
=14000.
SP=100+gain%/100×cost price
=100+20%/100%×14000
=120/100×14000
=16800.
The selling price is 16800.
The selling price per kg is Rs.168
Hope it helps you!!!
Answer:
Cost of per kg Basmati rice = ₹125
Cost of another bag of per kg rice = ₹150
profit on selling entire stock = 20 %
cp of 40 kg Basmati rice = 40 × 125
= ₹5000
cp of 60 kg rice = 150 × 60
= ₹9000
hence, total cp = 5000+9000
= ₹ 14000
sp = 20/100×14000
=2800+14000
=₹16800
sp of per kg = 16800/100
=₹168