Habib went to market with 80 quintal's of chicken,onion and potato.how many quintal's of potato did he sell?
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Cost price of 1 quintal of onions=Rs.2000
We know that,1 quintal=100kg.
Selling price of 1kg of onions=Rs.18
∴ Selling price of 100kg(or 1 quintal) of onions=18×100=Rs.1800
Since selling price is less than cost price, so there is a loss.
Loss=Cost price−Selling price.
=2000−1800=Rs.200
Hence, Sharad incurred a loss of Rs.200 in this transaction.
May this help u guys..!
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