Harkesh bought a certain quantity of tomato at rate of Rs.,1500 per quintal. 10 % of tomato was spoi

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7.Profit and Loss

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Harkesh bought a certain quantity of tomato at the rate of $Rs.\,1500$ per quintal. $10 \%$ of the tomato was spoiled. At what price in $Rs.$ per quintal should he sell the remaining to gain $20 \%$ of his outlay?

A

$1800$

B

$2000$

C

$2200$

D

$2400$

Solution

In given question, $10 \%$ of tomato is spoiled

Hence, $CP$ of remaining $90 \%$ tomato $=\operatorname{Rs} .1500\left(\frac{100}{90}\right)$

Hence, $SP$ per quintal of tomato if gain is $20 \%$

$1500 \times \frac{100}{90} \times\left(\frac{100+20}{100}\right)=$ $Rs.$ $2000$ per quintal

Standard 13

Quantitative Aptitude

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