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B. I. A dealer bought 100 quintals of rice at Rs 700 per quintal. He sold 50 quintalsatRs1000guintal and the remaining at Rs 800 per quintal. Find his gain and gain per cent. |
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Answer» Find the cost price: 1 quintal = Rs 700 100 quintal = 700 x 100 = Rs70,000 Find the selling price of 50 quintal: 1 quintal = Rs 1000 50 quintal = 50 x 1000 = Rs 50,000 Find the remaining amount of quintal: Remaining amount = 100 - 50 = 50 quintal Find the selling price of the remaining quintal: 1 quintal = Rs 800 50 quintal = 800 x 50 = Rs 40,000 Find the total selling price: Total = 50,000 + 40,000 = Rs 90,000 Find the gain: Gain = Selling Price - Cost Price Gain = 90,000 - 70,000 = Rs 20,000 Gain percentage = gain / cost price x 100 Gain percentage = 20,000/70,000 x 100 = 28.57% The gain is Rs 20,000 and it is 28.57% thanks for this answer |
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