The question is - A grocer purchased 200kg of rice at Rs. 25 per kg. He sold 80kg of at a gain of 10% and 40kg at a loss of 4%. At what rate per kg should he sell the remainder to gain 8% on his total investment?
Total CP of 200kg at Rs.25 per kg = 200 × 25
The selling price of 80kg rice at 10% gain
Percentage gain per kg ![]()
Percentage gain per kg = 27.5
Percentage gain of 80kg rice = 80 × 27.5
Percentage gain of 80 kg rice = 2200
Selling price of 40kg rice at 4% loss
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= Rs. 24 per kg
Loss through out 40 kg = 40 × 24
= 960
Remaining quantity
= 200 – 80 – 40
= 80kg
Total gain required = 8%
Earned Money ![]()
= 5400
Money to be earned through the sale of remaining 80kg
= 5400 – 2200 – 960
= 2240
Selling price of the remaining rice ![]()
= Rs. 28 per kg
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