Question

If 40 kg. Of oil be bought for Rs. 2000,at what price per kg. Should it be sold so that the profit may be one-fourth of the cost price??

Answer 1

Ans

cost of 40kg oil=2000

cost of 1kg oil = 2000/40 = 50

Profit =1/4 of 2000

=500

500 is 2.5% of 2000

So

He get 2.5% profit