Question

Shyam sold 500kg potatoes for ru 2250 and earned a profit of 12 and half pecent. If he
sold them at ru 4 per kg find his profit or loss percent

Answer 1

Answer:

Selling price of 500 kg potatoes is 2250 Rs.

Profit % = 12.5%

cost price of 500 kg potatoes=cp(100÷(100+profit%)

=2250(100÷(100+12.5)

=2000 Rs

Now,

New rate of selling is 4 Rs/kg.

New selling price of 500 kg potatoes is

=500×4

=2000 Rs

New selling price 500 potatoes= Cost price of 500 potatoes

So there is no profit and no loss.

Step-by-step explanation:

Answer 2

Question:-

Shyam sold 500Kg potatoes for Rs 2250 and earned a profit of 12 and half pecent. If he sold them at 4 Rs/Kg find his profit or loss percent

Given:- a) Shyam sold 500kg potatoes for Rs 2250 and earned a profit of 12 and half pecent.

b) he sold potatoes at 4 Rs/Kg.

Find:- profit or loss percent ?

Formulas:-

=> C.P = (100×S.P)/(100+Profit%)

Solution:-

Here we know from given

=> Selling price of 500kg potatoes is Rs 2250 ....... ( 1 )

=> profit percentage is 12 ½ % .

To find Cost Price { By formula }

=> C.P = ( 100×2250)/(100+12 ½)

=> C.P = 225000/(100 + 12.5)

=> C.P = 225000/112.5

=> C.P = 2250000/1125

=> C.P = Rs 2000 ...... ( 2 )

Hence, Cost Price of 500Kg potatoes is Rs 2000 .

{From ( b ) }

he sold potatoes at 4 Rs/Kg

Hence,Selling Price of 500Kg if it sold at 4 Rs/Kg

= 500× 4 = Rs 2000 ....... ( 3 )

Now { From ( 2 ) & ( 3 ) }

we know that

Cost Price is equal to Selling Price hence there is no loss & no profit { no loss% & no profit % }

Note :- { if we notice eq. ( 1 ) & ( 3 ) then loss is take place. if we take eq. ( 1 ) as C.P

=> Loss = eq. ( 1 ) - eq. ( 3 )

=> Loss = 2250 - 2000

=> Loss = Rs 250 ..... ( 4 )

{ from ( 4 ) & ( 1 ) }

=> Loss%

= {Loss × 100 }/{C.P [eq. ( 1 ) ] }

=> Loss% = {250×100}/2250

=> Loss% = 2500/2250

=> Loss% = 1.1111111 % }

i hope it helps you.