Question

Raju Tamang bought 40 kg of rice Rs 80 per kg. He sold 25 kg of rice at Rs 84 per kg and the remaining quantity at Rs 76 per kg .Find his profit or loss percent in the transaction.​

Answer 1

1.25%

Explanation:

If Raju Tamang bought 40 kg of rice at Rs 80 per kg, the cost price of 40 kg of rice will be 40*80 = Rs 3200

If he sold 25 kg of rice at Rs 84 per kg, the selling price of 25kg of the rice will be 25*84 = Rs 2100

Remaining quantity of rice remaning = 40kg - 25 kg = 15kg

There will be 15kg of rice left to be sold.

If the remaining quantity is sold at Rs 76 per kg, the selling price of the remaining 15kg of rice will be 15*76 = Rs 1140

Total selling price = Rs 2100+ Rs 1140

Total selling price (sp)= Rs 3240

Since cost price (cp)= Rs 3200

% Profit =
`(sp-cp)/(cp) * 100%`

%Profit =
`(3240-3200)/(3200) * 100%`

%Profit =
`(40)/(3200) * 100 %\\`

%profit =
`(40)/(32)`

%profit =
`1.25%`%

Raju made a profit of Rs 40 and his percentage profit is 1.25%