Question

Cost price Rs, 1860, Selling price Rs. 1900, other expenses Rs. 140. Find the profit or loss percentage. 5 quintal of grains was purchased for Rs. 2000 and sold at 25% profit. Find the selling price of grains per kg.​

Answer 1

$\huge\mathbb\purple{❤ANSWER❤}$

Given Cost of 1 quintal of rice = Rs. 250

Cost of 600 quintals of rice = 600 x 250 = Rs. 150000

Overhead expenses = Rs. 1000

CP = Rs. (150000 + 1000) = Rs. 151000

Profit % = (Profit/CP) x 100

7 = (Profit /151000) x 100

Profit = 1510 x 7

Profit = Rs. 10570

Now SP = CP + profit

= Rs. (151000 + 10570)

SP = Rs. 161570