SSC CHSL 8 Jan 2017 Shift 1 Paper

Question : 57 of 100

Marks: +1, -0

A rice trader buys 25 quintals of rice for Rs 1,825. 27% rice is lost in transportation. At what rate should he sell to earn 20% profit?

Solution:

Cost price = Rs. 1825
Quantity of rice with the trader after transportation lost =

73/100×25

=18.25 quintals
To have 20% profit, total selling price of the trader should be =

120/100×1825

=Rs. 2190
∴ Selling prize per quintal =

2190/18.25

= Rs.120

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