Question
Download Solution PDFA shopkeeper buys 1800 kg wheat for ₹32,400. If 20% of this wheat is spoiled due to rain, at what rate (₹/kg) should he sell the rest to earn 20%?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
A shopkeeper buys 1800 kg wheat for ₹32,400. If 20% of this wheat is spoiled due to rain, at what rate (₹/kg) should he sell the rest to earn 20%?
Formula used:
Selling Price (SP) = Cost Price (CP) × (1 + Profit Percentage)
Calculation:
Total wheat = 1800 kg
Cost Price (CP) = ₹32,400
Wheat spoiled = 20% of 1800 kg
⇒ Wheat spoiled = 0.20 × 1800 = 360 kg
Remaining wheat = 1800 - 360 = 1440 kg
Desired Profit = 20%
Selling Price (SP) = CP × (1 + 0.20)
⇒ SP = ₹32,400 × 1.20
⇒ SP = ₹38,880
Rate per kg = SP / Remaining wheat
⇒ Rate per kg = ₹38,880 / 1440 kg
⇒ Rate per kg = ₹27
∴ The correct answer is option (3).
Last updated on May 28, 2025
-> The SSC has released the SSC CHSL exam calendar for various exams including CHSL 2025 Recruitment. As per the calendar, SSC CHSL Application process will be active from 23rd June 2025 to 18th July 2025.
-> The Exam Date for the SSC CHSL 2025 will be from 8th September 2025 to 18th September, 2025.
-> The SSC CHSL is conducted to recruit candidates for various posts such as Postal Assistant, Lower Divisional Clerks, Court Clerk, Sorting Assistants, Data Entry Operators, etc. under the Central Government.
-> The SSC CHSL Selection Process consists of a Computer Based Exam (Tier I & Tier II).
-> To enhance your preparation for the exam, practice important questions from SSC CHSL Previous Year Papers. Also, attempt SSC CHSL Mock Test.