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Finding Discounts

Niel bought 3...

Question

Niel bought 30kg rice at the rate of Rs.9.50/kg and 40kg of rice at the rate of Rs. 8.50/kg and mixed them. She told the mixture at the rate of Rs. 8.90/kg. Find the total profit or loss in the whole transaction

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Solution

Cost of 30Kg rice $= 30 \times 9.50 = R s .285$
Cost of 40Kg Rice $= 40 \times 8.50 = R s .340$
Total cost of rice $= R s .625$
Total S.P of Rice $= 70 \times 8.90$ $= R s .623$
Net loss = $R s .2$

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