Question

(Page 168)
Question 1
Mahaveer bought 5 bags of sugar for ₹16000. He spent ₹200 for taxi fare, ₹120 for labour charges and ₹200 for transporttation charges. Find the selling price of per kg of sugar so as to earn a profit of ₹3 on each kg.

Answer 1

Selling Price of each Kg must be ₹ 36.04

Step-by-step explanation:

Let, 1 bag weight = 1 quintal = 100 Kg

5 bag weight = 5 quintal = 500 Kg

Total Cost Price of 500 Kg = ₹16000 + ₹200 + ₹120 + ₹200 = ₹16520

Cost of 1 Kg of Sugar = ₹16520 / 500

=₹33.04

Now,

Profit on each Kg. = Selling Price per Kg - Cost Price Per Kg

₹3 = S.P. - ₹ 33.04

S.P. = ₹ 36.04

Selling Price of each Kg must be ₹ 36.04