A shopkeeper purchased 65 kg of tomatoes for Rs 416 and sold the whole lot at…
2024
A shopkeeper purchased 65 kg of tomatoes for Rs 416 and sold the whole lot at the rate of Rs 6.80 per kg . What is his gain percent ?
- A.
4 1/6%
- B.
6 1/4%
- C.
8 1/3%
- D.
7 1/3%
Attempted by 12 students.
Show answer & explanation
Correct answer: B
Answer: 6 1/4 %
Step 1: Find cost price per kg = 416 ÷ 65 = 6.4 Rs.
Step 2: Selling price per kg = 6.80 Rs.
Step 3: Profit per kg = 6.80 − 6.40 = 0.40 Rs.
Step 4: Gain percent = (Profit per kg ÷ Cost price per kg) × 100 = (0.40 ÷ 6.40) × 100 = 6.25% = 6 1/4%.
Therefore the correct gain percent is 6 1/4%.