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Standard XI

Accountancy

Cash Basis of Accounting

A shopkeeper ...

Question

A shopkeeper bought 15 kg of rice at the rate of Rs.29/kg and 25kg of rice at the rate of Rs.20/kg. He sold the mixture of both types of rice at the rate of Rs.27/kg. His profit (in Rs) was,

145

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155

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185

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225

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Solution

The correct option is A
145

Total cost price of 15 + 25 = 40 kg of rice = 15 × 29 + 25 × 20 = 435 + 500 = 935

The total sale price of this 40 kgs of mixed rice,

40×27=1080

Profit on Rs.935 was,

1080−935 = Rs.145.

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A shopkeeper bought 15 kg of rice at the rate of Rs.29/kg and 25kg of rice at the rate of Rs.20/kg. He sold the mixture of both types of rice at the rate of Rs.27/kg. His profit (in Rs) was,

The correct option is A 145 Total cost price of 15 + 25 = 40 kg of rice = 15 × 29 + 25 × 20 = 435 + 500 = 935 The total sale price of this 40 kgs of mixed rice, 40×27=1080 Profit on Rs.935 was, 1080−935 = Rs.145.

The correct option is A
145

Total cost price of 15 + 25 = 40 kg of rice = 15 × 29 + 25 × 20 = 435 + 500 = 935

The total sale price of this 40 kgs of mixed rice,

40×27=1080

Profit on Rs.935 was,

1080−935 = Rs.145.