If cost price of 1 kg of rice is equal to selling price of 1.5 kg of rice then find the profit or loss is selling 1 ton of rice
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Understand it in a simpler way,
Let the C.P. be Rs. 100 for 1kg then for half kg it'll be Rs. 50
Now, the S.P. for 1.5kg is also Rs. 100 as it was same to 1kg of C.P.
As we have already taken out that if we sell the rice at Rs. 50 per kg we'll have a business of non profit no loss, i.e. 1.5kg rice for Rs. 150 (50*3)
But we are selling it for Rs. 100 so we are facing a loss of Rs. 50 on every Rs. 100 or in simple terms we are facing a loss of .5kg rice for every 1kg.
There the percentage is 50%
Let the C.P. be Rs. 100 for 1kg then for half kg it'll be Rs. 50
Now, the S.P. for 1.5kg is also Rs. 100 as it was same to 1kg of C.P.
As we have already taken out that if we sell the rice at Rs. 50 per kg we'll have a business of non profit no loss, i.e. 1.5kg rice for Rs. 150 (50*3)
But we are selling it for Rs. 100 so we are facing a loss of Rs. 50 on every Rs. 100 or in simple terms we are facing a loss of .5kg rice for every 1kg.
There the percentage is 50%
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