dhiraj purchased 150kg of rice .he sold 1/3 of it at 10%loss.at what percent of profit must he sell the remaining rice so that he can make 10% profit on the whole
Answers
Given : dhiraj purchased 150kg of rice .he sold 1/3 of it at 10%loss.
To Find : at what percent of profit must he sell the remaining rice so that he can make 10% profit on the whole
Solution:
Rice = 150 kg
Let say cost per kg rice = C Rs
Total Cost Price = 150C Rs
10 % Profit = (10/100)150C = 15C Rs
Total Selling Price = 150C + 15C = 165C Rs
1/3 = (1/3)150 = 50 kg
10 % Loss => SP = C - (10/100)C = 0.9C
Selling Price of 50 kg Rice = 50 * 0.9C = 45C
Selling price of remaining 150 - 50 = 100 kg Rice
= 165C - 45C = 120C Rs
Selling price of 1 kg rice = 120C/100 = 1.2C Rs
Profit Per kg = 1.2C - C = 0.2C Rs
Profit % = (0.2C/C) * 100 = 20 %
He must sell remaining at 20 % profit
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Answer:
Step-by-step explanation: