Question

Kamal sold $120$ kg of sugar at the rate of Rs $21$ per kg. if the cost price of the sugar is Rs $19$ per kg. find the total profit/loss and profit/loss $\%$.

Answer 1

Given cost price of sugar = 19 Rs / kg

Selling price of sugar = 25 Rs./kg

quadntity of sugar = 120 kg.

$\therefore$ total cost price = $120\times 19=2280Rs$

total selling price = $21\times 120=2520Rs$

now gain = SP-CP = 2520-2280= 240 Rs

$\therefore$ gain % = $\frac{gain}{CP}\times 100=\frac{240}{2280}\times 100$

$\therefore$ gain % is 10.52%