.Ramesh bought rice at rate of 22 per kg. He paid rs paid rs 150 at the rate of 0.5 per kg. for its transfortation he sold all rice for rs 72000. how much profit did he earn
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Answer:
cp of rice per kg=22rs
now sp of 0.5kg of rice= 150rs
now sp of 1kg of rice=300rs
now cost of total rice sold= 72000rs
now total kg of rice= 72000/300=240kg
now cost of rice of 24kg=22×240=5280rs
profit=72000-5280=66720rs
profit%= 66720/5280×100=1275.71%
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