Question

Q 1 John bought 4500 kg of fresh fish at the rate of Rs 50 per kg and spent Rs 8000 for salt and transport. After one month he sold the dry fish at the rate of Rs 200 per kg. Find his gain or loss. (Note – 3 kg of fish gives 1 kg of dry fish)

Answer 1

Answer:

Gain = ₹67000

Step-by-step explanation:

Fish bought = 4500 kg

@ Rate = ₹50 per kg

=> 4500 × 50 = ₹2,25,000

Expenses of salt and transport = ₹8,000

So total cost price for fish = ₹2,25,000 + 8, 000

= ₹2,33,000

Now

3 kg pf fresh fish gives 1 kg of dry fish

So

4500 kg fresh fish will give = 4500/3 = 1500 kg dry fish

Now

Rate of 1500 kg dry fish @ rate ₹200 per kg

= 1500 × 200 = ₹3,00,000

Selling price of dry fish = ₹3,00,000

&

Cost price of fresh fish plus expanses = ₹2,33,000

So gain = selling price - cost price

= 3,00,000 - 2,33,000

= ₹67,000