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A grocer purchased 50 bags of rice at 600 rupees per bag. He spent rupees 500 for transportation. Due to lack of demand of rice, he incurred a loss of 20%. At what price did he sell the rice bags? |
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Answer» Number of bags of rice purchased by merchant = 50 Cost of each bag = RS 600 Transportation CHARGE for all bags = rs 500 Total money spent by the merchant = rs [(600 × 50)+500] =[30,000+500] =30500 Loss = 20 % Money gained = [30500-(20 % of 30500)] =[30500-4650] =25850 Selling price for each rice bags = rs 25850/50 = rs 517 PLZ MARK AS BRIANLIEST,FLW ME AND THX FOR THE SUPERB QUESTION |
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