question1 a retail - seller purschased 4 quintal of rice from a whole saler for rs 5240 .he sold it at rs 15 rs per kg find profit or loss of the retail seller ?give this answer in full statement
Answers
Answer:
975
Step-by-step explanation:
CP of I quintal rice = Rs. 650
CP of 100 kg of rice = Rs. 650
According to the question.
Cost of 80 kg of rice = Rs. 650
Selling price of per kg rice = 1.2×
80
650
= 9.75
Selling price of 100 kg rice = Rs. 975
Alternate Method:
As 20% of rice is spoilt, means 80 kg are fine and 20 kg are spoilt. he spoilt 20 kg will give 100% loss.
Let the remaining 80 kg of rice be sold at x% profit.
Using the rule of alligation.
120
x−20
=
80
20
120
x−20
=
4
1
4x 80 = 120
X = 50%
Hence, the price at which the 80 kg of rice should be sold
1.5 × 650 = Rs. 975
Answer:
profit
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Step-by-step explanation:
4 quintal = 400 kg of rice = rs 5240
rate at which sold = rs 15 per kg
400 x 15 = 6000
6000 - 5240 = 760
therefore, it is a profit