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A trader has 50 kg of rice, a part of which he sells at 14% profit and the rest at 6% loss. On the whole his loss is 4%. What is the quantity sold at 14% profit and that at 6% loss?
5 kg, 45 kg
10 kg, 40 kg
8 kg, 32 kg
None of these
- The trader has a total of 50 kg of rice to sell.
- He sells part of it at a 14% profit and the rest at a 6% loss.
- His overall loss is stated to be 4%.
- Let's calculate:
- Assume x kg is sold at 14% profit and (50 - x) kg is sold at 6% loss.
- The total cost price for 50 kg is 50 units (since cost price of 1 kg is assumed as 1 unit).
- Selling price of x kg = x * 1.14
- Selling price of (50 - x) kg = (50 - x) * 0.94
- Profit and Loss Balance Equation:
`x * 1.14 + (50 - x) * 0.94 = 50 * 0.96`
- Solve for x.
- 1.14x + 47 - 0.94x = 48
- 0.2x = 1
- x = 5
- Therefore, 5 kg is sold at 14% profit and 45 kg at 6% loss.
- Options:
- Option 1: 5 kg, 45 kg - Correct Answer
- Option 2: 10 kg, 40 kg
- Option 3: 8 kg, 32 kg
- Option 4: None of these
Answer: Option 1 is correct.
By: Sandeep Dubey ProfileResourcesReport error
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