Raju purchased 50 kg of rice at a discount of 10% and the shopkeeper o

1.	Raju purchased 50 kg of rice at a discount of 10% and the shopkeeper offered him free 10 kg of rice at the purchase of 50 kg. If Raju sold total rice to a customer at the cost price, then what is the profit percentage made by Raju?1. 40%2. 33.33%3. 25%4. 25.6%
Answer» Correct Answer - Option 2 : 33.33% Given: Raju bought 50 kg of rice at a discount of 10% The shopkeeper offered 10 kg rice for free Formula used: Profit % = (Profit/Cost price) × 100 Calculation: Let the cost of rice be Rs. x per kg ⇒ Price of 50 kg rice = Rs. 50x But he bought it at a discount of 10% ⇒ Cost Price of Rice for Raju = Rs. (50x × 90/100 ) = Rs. 45x ⇒ The price of extra 10 kg rice = Rs. 10x Raju didn’t paid Rs. 10x though he got (50 + 10) kg = 60 kg of rice But he sold the 60 kg rice at a price Rs. 60x ⇒ Profit gained by him = (60x – 45x) = 15x ⇒ Profit percentage = (15x/45x) × 100 ⇒ 33.33 % ∴ Raju made 33.33% profit on the whole transaction.

Raju purchased 50 kg of rice at a discount of 10% and the shopkeeper offered him free 10 kg of rice at the purchase of 50 kg. If Raju sold total rice to a customer at the cost price, then what is the profit percentage made by Raju?1. 40%2. 33.33%3. 25%4. 25.6%

Answer» Correct Answer - Option 2 : 33.33%

Given:

Raju bought 50 kg of rice at a discount of 10%

The shopkeeper offered 10 kg rice for free

Formula used:

Profit % = (Profit/Cost price) × 100

Calculation:

Let the cost of rice be Rs. x per kg

⇒ Price of 50 kg rice = Rs. 50x

But he bought it at a discount of 10%

⇒ Cost Price of Rice for Raju = Rs. (50x × 90/100 ) = Rs. 45x

⇒ The price of extra 10 kg rice = Rs. 10x

Raju didn’t paid Rs. 10x though he got (50 + 10) kg = 60 kg of rice

But he sold the 60 kg rice at a price Rs. 60x

⇒ Profit gained by him = (60x – 45x) = 15x

⇒ Profit percentage = (15x/45x) × 100

⇒ 33.33 %

∴ Raju made 33.33% profit on the whole transaction.