Question

A) A grocer bought 20 kg of sugar at Rs 70 per kg. He sold 15 kg of sugar at Rs 75

per kg and the remaining quantity at Rs 69 per kg. Find his profit or loss percent
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Answer 1

Answer: 5%

Explanation:

A grocer bought 20 kg of sugar at Rs 70 per kg. The total amount spent will be: = 20kg × Rs70 = Rs1400

He sold 15 kg of sugar at Rs 75

per kg and the remaining quantity at Rs 69 per kg. This will be:

= (15 × Rs75) + (5 × Rs69)

= Rs1125 + Rs345

= Rs1470

Gain = Rs1470 - Rs1400 = Rs70

Percent gain = Gain/cost price × 100

= 70/1400 × 100

= 1/20 × 100

= 5%

The profit percent is 5%