A trader purchased 1 quintal of rice for rs 300 and sold it some loss. If the loss is equal to the selling price of the 50 kg rice, find selling price.
Answers
Answered by
3
SP is 250 because. njkHGxJKkfsbkkarmcdHo Karl cm
Answered by
1
Hlw mate
Let cost of one quintal of rice be x.So the cost of 2000 quintals of rice =2000x. So he sells 1/4th of it at profit of 10%=> Selling Price of 500 quintals =500(x+ 10/100(x))=550x. Selling price of another half= 100(x+20/100(x))=1200x. Selling Price of last one fourth is 500(x-8/100(x))=460x. Total selling price of 2000 quintals=550x+1200x+460x=2210x.
Profit obtained in this case=2210x-2000x=210x. When he sold 2000 quintals at 12% profit he would have gained ₹930 more so Profit for 2000 quintals in second case=12/100(2000x) =240x. So 240x-210x=930=> 30x=930=> x=₹31. So cost of rice per qunital =₹31.
Hope it helpful
Let cost of one quintal of rice be x.So the cost of 2000 quintals of rice =2000x. So he sells 1/4th of it at profit of 10%=> Selling Price of 500 quintals =500(x+ 10/100(x))=550x. Selling price of another half= 100(x+20/100(x))=1200x. Selling Price of last one fourth is 500(x-8/100(x))=460x. Total selling price of 2000 quintals=550x+1200x+460x=2210x.
Profit obtained in this case=2210x-2000x=210x. When he sold 2000 quintals at 12% profit he would have gained ₹930 more so Profit for 2000 quintals in second case=12/100(2000x) =240x. So 240x-210x=930=> 30x=930=> x=₹31. So cost of rice per qunital =₹31.
Hope it helpful
Similar questions