Q.201004: A person bought 26 kg of rice for Rs.2470 out of which he sold 10 kg of rice at the rate of Rs.110 per kg. At what rate should he sell the remaining rice to make a profit of Rs.70? |
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CP of 26 kg rice is=2470rs
Expanded CP = (2470+70)=2540rs
SP of 10kgs = 10110=1100
Then SP of axtra 16 kgs will be (2540-1100)= 1400rs
So the SP of the rice kg will be
1400 16= 90rs.