Question

Sharad bought one quintal of onion of Rs 2000. Later he sold them all at the Rs 18 per kg. Did he make a profit or incur a loss.

Answer 1

Answer:

Step-by-step explanation:

He made loss 1 quintal is 100 kg so 18×100 =1800 he bought for 2000 sold for 1800

Answer 2

The loss% is 11.11%

Step-by-step explanation:

Cost price of 1 quital of onion = Rs.2000

1 quintal = 100 kg

So, Cost price of 100 kg of onion = Rs.2000

Cost price of 1 kg of onion =$\frac{2000}{100}=20$

SP of 1 kg of onion = Rs.18

CP>SP

So, Loss

$Loss \% = \frac{CP-SP}{CP} \times 100\\Loss\% = \frac{20-18}{18} \times 100\\Loss\% =11.11\%$

Hence The loss% is 11.11%

#Learn more:

If sp=₹160,loss=40,find loss%.

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