A shopkeeper bought rice worth ₹ 4,500. He sold one-third of it at 10% profit. If he desires a profit of 12% on the whole, find :
(i) the selling price of the rest of the rice.
(ii) the percentage profit on the rest of the rice.

Question

A shopkeeper bought rice worth ₹ 4,500. He sold one-third of it at 10% profit. If he desires a profit of 12% on the whole, find :
(i) the selling price of the rest of the rice.
(ii) the percentage profit on the rest of the rice.

KnowledgeBoat · Accepted Answer

(i) Given: C.P. of whole rice = ₹ 4,500 Profit desired on the whole = 12 % Putting the values, we get As we know, Putting the values, we get C.P. of rice = ₹ = ₹ = ₹ Gain on it = 10% Putting the values, we get As we know, Putting the values, we get The S.P. of the rest of the rice = ₹ 5,040 - ₹ 1,650 = ₹ 3,390 The selling price of the rest of the rice = ₹ 3,390. (ii) C.P. of the rest of the rice = ₹ 4,500 - ₹ 1,500 = ₹ 3,000 Profit on the rest of the rice = Remaining S.P. - Remaining C.P. = ₹ 3,390 - ₹ 3,000 = ₹ 390 The profit percentage of rest of the rice = 13%.

Mathematics

A shopkeeper bought rice worth ₹ 4,500. He sold one-third of it at 10% profit. If he desires a profit of 12% on the whole, find :
(i) the selling price of the rest of the rice.
(ii) the percentage profit on the rest of the rice.

Profit, Loss & Discount

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Mathematics

A shopkeeper bought rice worth ₹ 4,500. He sold one-third of it at 10% profit. If he desires a profit of 12% on the whole, find :(i) the selling price of the rest of the rice.(ii) the percentage profit on the rest of the rice.

Profit, Loss & Discount

Related Questions

The selling price of 15 articles is equal to the cost price of 12 articles. Find the gain or loss as percent.

Raju sells a watch at 5% profit. Had he sold it for ₹ 24 more he would have gained 11%. Find the cost price of the watch.

A shopkeeper bought rice worth ₹ 4,500. He sold one-third of it at 10% profit. If he desires a profit of 12% on the whole, find :
(i) the selling price of the rest of the rice.
(ii) the percentage profit on the rest of the rice.