A rice trader buys 16 quintals of rice for Rs | vedclass

Name: Exam Paper Generator | JEE NEET Paper Generator | Vedclass
Brand: Vedclass
Rating: 5 (35 reviews)

Question

(B) Total cost price of $16$ quintals of rice $= Rs. 5632$.Quantity of rice lost $= 20 \% 	ext{ of } 16 = 0.20 	imes 16 = 3.2 	ext{ quintals}$.Rema

Vedclass · Accepted Answer

$550$

Vedclass · Answer

(B) Total cost price of $16$ quintals of rice $= Rs. 5632$.Quantity of rice lost $= 20 \% 	ext{ of } 16 = 0.20 	imes 16 = 3.2 	ext{ quintals}$.Remaining quantity of rice $= 16 - 3.2 = 12.8 	ext{ quintals}$.To earn a $25 \%$ profit,the total selling price should be $125 \%$ of the cost price.Total Selling Price $= 1.25 	imes 5632 = Rs. 7040$.Selling price per quintal $= \frac{	ext{Total Selling Price}}{	ext{Remaining Quantity}} = \frac{7040}{12.8} = Rs. 550$.

$A$ rice trader buys $16$ quintals of rice for $Rs. 5632$. $20 \%$ of the rice is lost in transportation. At what rate should he sell the remaining rice to earn a $25 \%$ profit in $Rs.$ per quintal?

Similar Questions

$60 \%$ of the cost price of an article is equal to $50 \%$ of its selling price. Then the percentage of profit or loss on the cost price is

$A$ man buys a cycle for $Rs. 1400$ and sells it at a loss of $15 \%$. What is the selling price of the cycle? (in $Rs.$)

$A$ sells a suitcase to $B$ at $10\%$ profit. $B$ sells it to $C$ at $30\%$ profit. If $C$ pays $₹ 2,860$ for it,then the price at which $A$ bought it is (in $₹$):

The printed price of an article is $40 \%$ higher than its cost price. What is the discount rate so that the seller gains a $12 \%$ profit?

$20 \%$ loss on selling price is what per cent loss on the cost price? (in $\%$)

Vedclass Test Series

Exam Paper Generator

Online Exam Module