RRB RPF RPSF SI and CONS Model Papers 4 with solutions

Question : 13 of 122

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 (per quintal) 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 =

650 × 100 = 65000.

Now for 20% gain, selling price should be

65000×{1 20}/{100}=₹ 78000

So, the rate of selling

= {78000}/{100-20}

= {78000}/{80}=\₹ 975

per quintal

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