A trader bought $50$ kg of rice at Rs. $40$ per kg and sold the entire stock at Rs. $46$ per kg. His total…
A trader bought $50$ kg of rice at Rs. $40$ per kg and sold the entire stock at Rs. $46$ per kg. His total profit (in rupees) is
- Rs. $200$
- Rs. $250$
- Rs. $300$
- Rs. $350$
Solution
Profit per kg $= 46 - 40 = 6$. Total profit $= 50 \times 6 = 300$.
Asked in: NTSE-F
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