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A shopkeeper purchased a bag of wheat containing 100kg for rs 250 he sold it at rs 2.75 per kg find his gain or loss percent?

Posted in Math, asked by andleeb, 6 years ago. 2374 hits.

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Cost price for 100 kg wheat= 250 Rs

selling price for 100 kg wheat= 2.75 × 100 = 275 Rs

Profit = selling price - cost price

        = 275 - 250

        = 25 Rs

Gain % = (Gain/Cost Price )×100

           = (25/250)×100

 Answer=10%

ANURAG BHUYAN
ANURAG BHUYAN - 6 years ago
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Cost price (CP) of 100 kg bag wheat= Rs.250

selling price (SP) of 100 kg bag wheat = 2.75 × 100 =Rs. 275

Profit = selling price - cost price or

     Gain = SP - CP

       = 275 - 250

       = Rs. 25

Gain % = (Gain/Cost Price )×100

           = (25/250)×100

              Answer=10%

Furqan Ali
Furqan Ali - 6 years ago
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