Question

Rajiv sold 2.5 ton groundnut through an agent the commision was paid at the rate of 1% Rajiv received 237600 ruppes find the selling price of groundnut per ton

Answer 1

Answer:

The amount he gained = 56-x

Percentage gain = x%

(56-x)/x X 100 = X

56-x = x²/100

This simplifies to

x² + 100x - 5600 = 0

This gives x = 40

His cost = Rs. 40

Answer 2

Answer:

96,000

Step-by-step explanation:

commission paid = 1%

99% = 2,37,600 => 1 % = 2400

100% = Rs 2,40,000 (selling price of 2.5 ton ground nut )

selling price per ton = 240000/2.5

= Rs 96000