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When fresh fish is dried it loses one-third of its weight. Reshma buys 963 kg of fresh fish at the rate of Rs. 25 per kg. She sells them when dried, at Rs. 108.5 per kg. She earns a profit of:1. Rs. 348282. Rs. 455823. Rs. 10111.54. Rs. 10753.5 |
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Answer» Correct Answer - Option 2 : Rs. 45582 Given: Reshma bought fresh fish = 963 kg Fresh fish rate per kg = 25 per kg The selling price of dried fish = 108.5 per kg Formula required: Profit = Selling price - cost price Calculations: The Total cost price of fresh fish = 963 × 25 ⇒ Rs. 24075 When fresh fish is dried, it becomes two-thirds of its weight. (∵ 1 - 1/3 = 2/3) Then, the weight of dried fish = 963 × 2/3 ⇒ 642 kg She sold dried fish = Rs. 108.5 per kg Hence, the selling price of dried fish 903 kg = 642 x 108.5 ⇒ Rs. 69657 Profit = 69657 - 24075 ⇒ 45582 ∴ Reshma earned Rs. 45582 1/3rd is the weight loss and 2/3rd is the weight of the fish remains. So the profit is calculated according to the remaining weight of the fish. |
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