A rice trader buys 16 quintals of rice for Rs | vedclass

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(B) Total cost price of $16$ quintals of rice $= Rs. 5632$.Quantity of rice lost $= 20 \% 	ext{ of } 16 = 0.20 	imes 16 = 3.2 	ext{ quintals}$.Rema

Vedclass · Accepted Answer

$550$

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(B) Total cost price of $16$ quintals of rice $= Rs. 5632$.Quantity of rice lost $= 20 \% 	ext{ of } 16 = 0.20 	imes 16 = 3.2 	ext{ quintals}$.Remaining quantity of rice $= 16 - 3.2 = 12.8 	ext{ quintals}$.To earn a $25 \%$ profit,the total selling price should be $125 \%$ of the cost price.Total Selling Price $= 1.25 	imes 5632 = Rs. 7040$.Selling price per quintal $= \frac{	ext{Total Selling Price}}{	ext{Remaining Quantity}} = \frac{7040}{12.8} = Rs. 550$.

$A$ rice trader buys $16$ quintals of rice for $Rs. 5632$. $20 \%$ of the rice is lost in transportation. At what rate should he sell the remaining rice to earn a $25 \%$ profit in $Rs.$ per quintal?

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