Question

A trader purchased a bag of rice containing 70kg for 1750/-. He sold it at the rate of 27.5per kg. Find the profit or loss percentage.

Answer 1

Hope it helps..xx
Please let me know

Answer 2

Cp= 1750/-
So=27.5×70
Cp≈1925/-
Sp-Cp≈
1925-1750
≈175
Profit•/•≈profit/cp×100
Profit•/•≈175/1750×100
Profi•/•≈10•/•
Hope you get answer