Question

Agrocer bought 2 quintal of rice at the rate of 2500 per quintal. Due to tough competition
in the market, he had to sell the same at the rate of 22 per kg. Find his loss percent. (1
quintal = 100 kg)​

Answer 1

Answer:

C.p of 2quintals of rice = 2 ×2500 = 5000Rs.

C.p per kg of Rice = 5000/ 200 = Rs 25 per kg.

S.p per kg = Rs 22

Therefore loss = C.p. -S.p = 25-22 = Rs 3 per kg.

Total loss = 3× 200 kg = Rs 600

loss % = loss×100 /c.p.

= 600× 100/ 5000

= 12%

Answer: His loss percent is 12%

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