Ramjan bought 15 kg of palm oil for 750 rupees he was constrained to sell it at a loss equal to the selling price of 5 kg of palm oil. what is the selling price per kg. elaborate with steps
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Answer:
let X be the sp of 5kg of palm oil
sp of 1kg of palm oil is X/5
sp of 15kg of palm oil is(X/5)15 = 3X
now cp-sp= loss
and loss=sp of 5kg of palm oil=X
750-3X=X
=>750=4X
=>X=187.5
then sp per kg is X/5=187.5/5=37.5 rs
So, so per kg is rs 37.5/-
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