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    Question

    Udit bought 15 kg of rice at rate of Rs. 60/kg. He spent

    Rs. 40/kg on the transportation of the rice. At the end, he sold all quantity of rice at Rs. 'x' and earned the overall profit of 40%. Find the value of 'x'.
    A Rs 2100 Correct Answer Incorrect Answer
    B Rs 2300 Correct Answer Incorrect Answer
    C Rs 2500 Correct Answer Incorrect Answer
    D Rs 2700 Correct Answer Incorrect Answer

    Solution

    Cost price of 15 kg rice = 15 X 60 = Rs. 900
    Total cost price of 15 kg rice = 900 + 15 X 40 = Rs. 1500
    Overall selling price, 'x' = 1500 X 1.4 = Rs. 2100

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