A Shopkeeper bought 30 kg of rice at the rate of Rs. 40 per kg. He sold 40% of the total quantity at the rate of Rs. 50 per kg. At what price per kg should he sell the remaining quantity to make 25% overall profit? A. Rs.30 B. Rs.40 C. Rs.50 D. Rs.54 Answer Workspace Report Discuss Answer with explanation Answer: Option C Explanation Total CP of Rice = 30 * 40 = 1200 40% of Total Quantity = 40% of 30 = 12 SP = 12*50 = 600 SP = 1200 * 125/100 = 1500 SP of Remaining Quantity = 1500 – 600 = 900 Remaining Quantity = 18kg Rice per Kg = 900/18 = Rs. 50 Workspace
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