Question

Sharad bought one quintal of onions for ₹2000. Later he sold them all at the rate of 18 per kg
Did he make a profit or a loss? How much?​

Answer 1

Answer:

Solution. We know that, 1 quintal = 100 kg. Since selling price is less than cost price, so there is a loss. Hence, Sharad incurred a loss of Rs 200 in this transaction.

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Answer 2

Answer:

Step-by-step explanation:

One quintal of onions = rs 2000

He sold them = rs 18 (per kg )

One quintal = 100 kg

1 kg of onion = 2000/100 = rs 20

He sold all of them = 100 × 18 = rs 1800

Loss = rs 2000 - rs 1800 = rs 200

So,he got loss of rs 200.