a trader purchased one quintal rice for Rs 300 and sold it at some loss.If the loss is equal to the selling price of 50 kg rice then find the selling rate of rice
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5
Answer:
150 rupees
Step-by-step explanation:
cp of one quintal rice = 300 rupees
loss = equal to s.p of 50 kg rice.
Now,
1 quintal rice = 100 kg rice
if c.p of 100 kg rice is rupees 300 then cost of 1 kg of rice = 300%100 ,so cost of 50 kg of rice = 300%100*50= rupees 150
loss = rupees 150 .
hence , sp = cp- loss
= 300 - 150
=150 rupees
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