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Question

Mahesh bought 100 kg of rice for Rs. 1040 and sold it at a loss of as much money as he received for 30 kg rice. At what price did he sell the rice?

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Solution

Let the selling price of the rice = Rs.Pper kg
Now, according to the question,
1040100p=30p
100p+30p=1040
130p=1040
p=1040130=8 per kg.
Hence, the selling price of the rice = Rs.8per kg

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