Ravi buys 5kg of flour with the rate Rs. 20 per kg. He sells 20kg at the rate of Rs 5 per kg. Find the profit or loss percentage.
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Answer:
78.75
Step-by-step explanation:
Cost of 1 kg of flour = Rs 15
Cost of 5 kg of flour = 15×5=Rs75
Sales tax = 5 %
Final cost = Sales Tax + Cost Price = 5% of75+75 =
100
5×75
+75=Rs78.75
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