A vendor sold 600quintals of rice at a total profit of 30000 Rs. if one quintal of wheat cost him 250 Rs, find the selling price and profit percent per quintal.
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A vendor sold 600quintals of rice at a total profit of 30000 Rs. if one quintal of wheat cost him 250 Rs, find the selling price and profit percent per quintal.
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Step-by-step explanation:
C.P of 1 quitals rice = ₹250
C.P of 600 quitals rice = 250 × 600 = 1,50,000
Now, extra money spent = 1000
TotL C.P = 150000 + 1000 = ₹ 151000
Profit % = 7
Profit = 7/100 × 151000 = ₹ 10,570
S.P = 151000 + 10570 = ₹1,61,570.
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