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If the government bought sugarcane for Rs. 250 per ton but that was sold in the open market for Rs. 275 per ton then in the year 2013 and 2014 together, how much less money was obtained from government than the total money obtained from open market in those years?
Rs. 142500
Rs. 132500
Rs. 162500
Rs. 144500
None of these
The total quantity of sugarcane bought by government in the years 2013 and 2014 together = 34 + 34 = 68 hundred ton = 6800 tons The total amount received = 6800 × 250 = 1700000 the total quantity of sugarcane sold in the open market in the years 2013 and 2014 together = 16 + 51 = 6700 tons the total amount received = 6700 × 275 = 1842500 The required difference = 1842500 – 1700000 = 142500 Hence, option A is correct.
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