a grocer purchased 50 bags of rice at rupees 600 per bag. He spent Rup

1.	a grocer purchased 50 bags of rice at rupees 600 per bag. He spent Rupees 500 for transportation. Due to lack of demand for rice, he incurred a loss of 20%. At what cost price did he sell each bag of rice?
Answer» Answer: Step-by-step explanation: NUMBER of BAGS of rice purchased by merchant = 50 Cost of each bag = rs 300 Transportation charge for all bags = rs 500 Total money spent by the merchant = rs [(300 × 50)+500] =[15000+500] =15500 Loss = 30 % Money GAINED = [15500-(30 % of 15500)] =[15500-4650] =10850 Selling price for each rice bags = rs 10850/50 = rs 217 mark me as the brainiest

a grocer purchased 50 bags of rice at rupees 600 per bag. He spent Rupees 500 for transportation. Due to lack of demand for rice, he incurred a loss of 20%. At what cost price did he sell each bag of rice?

Answer»

Answer:

Step-by-step explanation:

NUMBER of BAGS of rice purchased by merchant = 50

Cost of each bag = rs 300

Transportation charge for all bags = rs 500

Total money spent by the merchant = rs [(300 × 50)+500]

=[15000+500]

=15500

Loss = 30 %

Money GAINED = [15500-(30 % of 15500)]

=[15500-4650]

=10850

Selling price for each rice bags = rs 10850/50

= rs 217

mark me as the brainiest