1. A rice trader buys 25 quintals of rice for Rs 1,825. 27% rice is lost in transportation. At what rate should he sell to earn 20% profit?
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By: anil on 05 May 2019 02.18 am
Cost price = Rs. 1825 Quantity of rice with the trader after transportation lost = $$frac{73}{100} imes 25$$ = 18.25 quintals To have 20% profit, total selling price of the trader should be = $$frac{120}{100} imes 1825$$ = Rs. 2190 $$ herefore$$ Selling price per quintal = $$frac{2190}{18.25} = Rs. 120$$ => Ans - (B)
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