A person bought a certain quantity of rice at the rate of Rs. 150/quintal. 10% of the rice was spoiled. At what rate(per quintal) should he sell the remaining rice to earn 20% profit.
A. Rs. 180
B. Rs. 200
C. Rs. 210
D. Rs. 220
Answer: Option B
Solution(By Examveda Team)
Suppose he buy 1 quintal of Rice in Rs.150.10% is spoiled so he now have to sell of 90 kg remaining).
But he has to make a profit of 20%,so he will sell
90kg for Rs. 180
This means his selling price is Rs. 200 per quintal.
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Comments ( 2 )
Related Questions on Profit and Loss
A. 45 : 56
B. 45 : 51
C. 47 : 56
D. 47 : 51
A. Rs. 2600
B. Rs. 2700
C. Rs. 2800
D. Rs. 3000
A. A neither losses nor gains
B. A makes a profit of 11%
C. A makes a profit of 20%
D. B loses 20%
A. Rs. 3,750
B. Rs. 3,250
C. Rs. 2,750
D. Rs. 2,250
@ Maninder Saini:-
Remaining Rice = 90 kg
Profit %= 20%
CP = ₹150
SP = (100+20)/90 * 150 = ₹200
200 kitho ayea?