Question

By selling 25 kg of rice at Rs. 50 per kg, a merchant earns a profit equivalent at the CP of 5 kg. Find the profit percentage.

Answer 1

Answer:

this question is incomplete... i think

Answer 2

Answer:

The profit percentage = 20.2%

Step-by-step explanation:

• Profit: In case of selling any product, if the seller earns some amount, which is greater than the cost price of the product, then a profit is made by the seller.

       Profit = Selling price - cost price.

       Profit% = $\frac{profit}{cost price}$ × 100%

• Suppose the cost price of 1 kg rice = x
•         Cost price of 5 kg rice = 5x

                Cost price of 25 kg rice = 25x

• Here the merchant sells 25 kg rice at a rate of 50/- per kg.

        Total selling price = 25 × 50 = 1250/-

         Profit = 1250 - 25x

• As mentioned in question,  Total Profit = Cost price of 5 kg rice

                                                       1250 - 25x = 5x

                                                        30x = 1250

                                                         x = $\frac{1250}{30}$ = 41.6/-

• Profit percentage calculation: In case of 25kg rice,

       cost price = 25x = 25 × 41,6 = 1040/-

        selling price = 1250/-         and   Profit = 1250 - 1040 = 210/-

        Profit% = $\frac{210}{1040}$ × 100% = 20.2%

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