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A person bought a certain quantity of rice at the rate...

This question belongs to Arithmetic Ability Profit And Loss
Profit and Loss
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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.

Answer & Solution
Correct Answer: Option B
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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2 Comments
Anmol Spal
Anmol Spal 8 years ago
@ Maninder Saini:-

Remaining Rice = 90 kg
Profit %= 20%
CP = ₹150

SP = (100+20)/90 * 150 = ₹200
Maninder Saini
Maninder Saini 9 years ago
200 kitho ayea?
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