Question
A grocer purchased 10 kg rice for Rs.700. He spends some
amount on transportation and then sells it for Rs.1,400. If the percentage of profit made by the grocer is 30%, then what is the amount (in) he spends on transportation? (Round off to the nearest integer)Solution
Let the amount he spends on transportation = x So total CP =700+x Profit = 30% and SP =1400 Total CP =(SP×100)/100+30 700+x = (1400×100)/130 700+x =1077 x =1077-700=377. =377.
Statements: L > M = N > O, O > P ≥ T = R
Conclusion:
I. L > T
II. L ≥ R
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