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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Given :-
- Price of one quintal rice = 300rs
- It means 100kg rice price is 300rs
To Find :-
Selling rate of the rice ??
We know that :-
Loss = c.p - s.p
S.p= c.p + loss
Let :-
==> 100kg s.p = x
==> 50kg s.p = x/2
According to the question this equal to loss
==> X/2 = (300 - x)
==> 3x / 2 = 300
==> 600 = 3x
==> x = 600/3
==> x = 200
Hence :-
Selling rate of the price is 200 rupees.
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