A retailer has 250 kg of rice a part of which he sells at 10% profit. The remaining quantity of rice is of low quantity and he sold it at 5% loss. Overall he made a profit of 7%. The quantity of rice sold at 5% loss is : |
65 kg 75 kg 50 kg 100 kg |
50 kg |
The correct answer is Option (3) → 50 kg Total Rice = 250 kg Overall Profit = 7% Let x be the quantity of rice sold at 5% loss. (250 - x) be the quantity of rice sold at 10% profit. Overall SP = Total CP × (1 + Overall profit) $(250 - x)1.1+x×0.95=250×1.07$ $⇒275-0.15x=267.5$ $⇒0.15x=7.5$ $⇒x=50$ |