Question

Deb bought 100 kg of rice for 1100 and sold it at a loss of as much money as he received for 20 kg rice. at what price did he sell the rice?

Answer 1

here is your answer.
according to the question,
cost price of 100- selling price of 100 = selling price of 20
or, cp of 100 = sp of 120
or, sp/cp = 100/120
therefore, loss percent is 20%.
so, the selling price is 880/- for 100 kg, or 88/- for one kg.

Answer 2

Answer:

He sold the rice at a price of 916.66.

Step-by-step explanation:

• Suppose Deb sold 100 kg rice at Rs. x

       So selling price of 100 kg is x

            Selling price of 20 kg is $\frac{x \times 20}{100}$ = $\frac{x}{5}$

• Loss calculation: Loss = Cost price - Selling price.

       For 100 kg rice, Cost price = 1100 and selling price = x

       Loss price = 1100 - x

• Given condition:

        Loss in selling 100 kg rice = selling price of 20 kg rice.

                                  1100 - x =  $\frac{x}{5}$

                                    x = 5(1100 - x)

                                  6x = 5500

                                    x = 916.66

     ∴ He sold the rice at a price of 916.66.

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