Amerchant purchased 100 kg rice for Rs. 1250 and his total overhead charges for transportation etc. were
125. He sold whole quantity at Rs. 14.50 per kg. How much did he earn from this transaction
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Answer:
He earned 75R$ fromthis transaction.
Explication:
He purchased 100kg of rice for R$ 1250.00 and spent R$ 125.00 on transportation. Then he obtained a total expenditure of R$ 1375,00. He sells 1kg of rice for R$ 14.50, but, if he sells 100kg of rice, he earns R$ 1450.00. So, your earn was greater than your expenses, being a gain of R$ 75.00.
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