*Ram bought a quintal of wheat for Rs 3,600. It was later sold at Rs 35 per kg. How much profit or loss did he make in this?*
1️⃣ ₹100 profit
2️⃣ ₹100 loss
3️⃣ ₹3500 profit
4️⃣ ₹3500 loss
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Answer:
1 quintal=100 kg
so, Cost price=rupees 3600
selling price =rupees3500
because 1kg=35 rupees
100kg=3500 rupees
loss= CP-SP
loss=3600-3500
loss=100 rupees
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