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Test Index
Profit and Loss Practice Test 5
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© examsnet.com
Question : 37
Total: 40
A shopkeeper bought 30 kg of wheat at the rate of Rs 45 per kg. He sold 40% of the total quantity at the rate of Rs 50 per kg. Approximately, at what price per kg would he sell the remaining quantity to make 25% overall profit?
Rs 54
Rs 52
Rs 50
Rs 60
Rs 56
Validate
Solution:
CP of 30 kg of wheat = 45 × 30 = Rs 1,350
SP of 30 kg of wheat =
1
,
350
+
25
100
×
1
,
350
= Rs 1,687.5
SP of 12 kg wheat = 12 × 50 = Rs 600
SP of 18 kg wheat = 1,687.5 - 600 = Rs 1,087.5
SP of per kg wheat =
1
,
087.5
18
=
60.41
≈ Rs 60
© examsnet.com
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