Kamal sold 120 kg of sugar at the rate of Rs 21 per kg . If the cost price of the sugar is Rs 19 per kg , find the total profit or loss .
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Answer:
Given cost price of sugar = 19 Rs / kg
Selling price of sugar = 25 Rs./kg
quadntity of sugar = 120 kg.
∴ total cost price = 120×19=2280Rs
total selling price = 21×120=2520Rs
now gain = SP-CP = 2520-2280= 240 Rs
∴ gain % =
CP
gain
×100=
2280
240
×100
∴ gain % is 10.52%
hope it helps
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