RRB Group D Model Paper 1 with solutions

Question : 58 of 100

Marks: +1, -0

A man bought a certain quantity of rice at the rate ₹ 650 per quintal. 20% of the rice was spoiled. At what rate should he sell the remaining rice to gain 20% on the outlay?

₹ 775
₹ 850
₹ 890
₹ 975

Validate

Solution:

(4) Let 100 quintals of rice be bought.
Cost price of 100 kg of rice is 650 × 100 = 65000.
Now for 20% gain, selling price should be
65000 ×

120/100

= ₹ 78000
So, the rate of selling =

78000/ {100 -20} =78000 /80

= ₹ 975 perquinta

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