Question

cost price of 50kg grain ₹ 2000, selling price ₹ 43 per kg.

Answer 1

Given that :

Cost Price of 50 kg grain Rs. 2000

=> Cost Price of 1 kg grain = 2000/50 = Rs. 40

And Selling Price of 1 kg grain = Rs. 43

Profit = 43–40 = Rs.

Profit% = (3/40)×100

=> Profit% = 7.5%

Answer 2

The profit percent of grain is "7.5 percent(%)".

Step-by-step explanation:

The complete question:

The cost price of 50 kg grain ₹ 2000, selling price ₹ 43 per kg.  Calculate the profit or loss percent.

Given by question,

The cost price of 50 kg of grain = ₹ 2000 and

the selling price of grain(SP) = ₹ 43 per kg

To find, the profit or loss percent = ?

∵ The cost price of 50 kg of grain = ₹ 2000

∴ The cost price of 1 kg of grain(CP) = ₹ $\dfrac{2000}{50}$ = ₹40

SP > CP, Profit

Profit = SP - CP

∴ Profit = ₹ 43 - ₹ 40 = ₹ 3

∴ Profit Percent(%) $=\dfrac{Profit}{CP} \times 100$

$=\dfrac{3}{40} \times 100$

$=\dfrac{30}{4} =7.5$

∴ Profit (%) = 7.5%

Hence, the profit percent of grain is 7.5 percent(%).