Question

Samat bought 5 quintals of sugar at the rate of Rs 32 per kg and sold it at the rate of Rs
31.50 ; find his loss

Answer 1

Answer:

cp of 500kg sugar = 500×32 = ₹16000

sp of 500kg sugar = 500×31.5 = ₹15750

loss = cp-sp

= ₹(16000-15750)

= ₹250

loss % = loss/CP × 100

= 250/16000 ×100

= 25/16

= 1.5625%

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