Question

SECTION -D (4 x 6 = 24M) 035) A shopkeeper bought wheat for rupees 30,000 due to seepage one sixth of the total wheat was spoiled. The good wheat at a gain of 10% and the spoiled wheat at a loss of 20% find his total gain or loss percent? 0261 Soho​

Answer 1

Answer:

Total cost of wheat Rs.35000

Wheat sold at loss =

7

1

×35000=5000

Loss =25%

Thus, SP =CP−Loss=5000−

100

25

×5000=5000−1250=Rs.3750

Wheat sold at profit =

7

6

×35000=30000

Gain =10%

Thus, SP=CP+Profit=30000+

100

10

×30000=Rs.33000

Total SP=3750+330000=Rs.36750

Hence, net profit =36750−35000=Rs.1750

Profit % =

35000

1750

×100=5%