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Question
A man purchased 120kg of sugar and was forced to sell it at a loss equal to selling price of 30kg of sugar. if he purchased each kg of sugar for rs.15, then at what price(in rs.) did he sell each kg of sugar?
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Answer
Total cost price for the man = 120*15 = 1800. Now let the selling price be x then we have
120x = 1800 - 30x
=> 150x = 1800
=> x = 12
Hence he must have sold the sugar at rs 12 per kg.
120x = 1800 - 30x
=> 150x = 1800
=> x = 12
Hence he must have sold the sugar at rs 12 per kg.
Answer
Loss = CP - SP => 30* sp = 1800 - 120*sp => sp = 1800/150 = 12 . hence Selling price per kg = 12.
