Question

Rakesh Bought 18 kg of rice for Rs.4500. he sold these at a loss equal to the selling price of two kg of rice. What is the selling price of 1 kg of rice?

Answer 1

Step-by-step explanation:

MATHS

A shopkeeper bought rice worth Rs. 4,500. He sold one-third of it at 10% profit. If he desires a profit of 12% on the whole, find the selling price of the rest of the rice.

January 17, 2020avatar

Joshraj Krishna

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ANSWER

Given, C.P. of the rice =Rs4500

⇒ C.P. of one -third of total rice =Rs

3

4500

=Rs1500

Profit of one -third of total rice =10 %

So, Profit % =

C.P.

S.P.−C.P.

×100=10

⇒

1,500

S.P.−1,500

×100=10

⇒S.P.−1,500=150

⇒S.P.=Rs1,650

Hence, Selling price of one -third of total rice =Rs1,650

So, Profit on the whole % =

C.P.

S.P.−C.P.

×100=12

⇒

4,500

S.P.−4,500

×100=12

⇒S.P.−4,500=540

⇒S.P.=Rs5,040

Thus, selling price of the two thirds of rice =Rs5,040−Rs1,650=Rs3,390

Answer 2

C.P of 18 kg rice= Rs. 4500

Loss= Price of 2 kg of rice

Price of 1 kg rice = Rs. 4500/18 kg

= 250