by selling 1 quintal wheat for rupees 1500 a merchant gains 20% find cost price of 10 kg wheat?
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Given:
- Merchant sold 1 quintal rice for ₹1500 and gains 20%
To find:
Cost of 10kg rice.
Note:
1 quintal = 100kg
Formula:
Answer:
Cost of 100kg rice = ₹1500 - 20 of 1500
= ₹(1500 - 300)
= ₹1200
Cost of 1kg rice = ₹1200÷100
= ₹12
So, the cost of 10 kg rice = 12 × 10
Hence, the cost of 10kg rice is ₹120.
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