Multiple Choice Questions on A trader bought a bag of 40 kg of basmati rice at Rs 125 per kg and another bag of 60 kg at Rs 150 p........... for RRB(NTPC) Exam Preparation

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Multiple Choice Questions

A trader bought a bag of 40 kg of basmati rice at Rs 125 per kg and another bag of 60 kg at Rs 150 p...........

Quantitative Aptitude (RRB NTPC) Profit and loss
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    A trader bought a bag of 40 kg of basmati rice at Rs. 125 per kg and another bag of 60 kg at Rs. 150 per kg. He sold the entire stock at a profit of 20%. Find the selling price per kg.

    Rs.152

    Incorrect Answer

    Rs.158

    Incorrect Answer

    Rs.168

    Correct Answer

    Rs.172

    Incorrect Answer
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    Explanation:
    Cost price of 1 kg of basmati rice= Rs.125
    Cost price of 40 kg of basmati rice= Rs.125 x 40 = Rs. 5000
    Cost price of 60 kg of another bag = Rs. 60 x 150 = Rs. 9000
    Total cost price of 100 kg = Rs. 5000 +
    Rs. 9000 = Rs. 14000
    Profit = 20%
    Selling price of 100 kg of rice = 120 % of CP = 14000 x 120/100 = Rs. 16800
    Selling price per Kg = 16800/100 = Rs.168

    By: Barka Mirza
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