Find the SP of rice,
I. 50 kg rice are bought for Rs 3350 and Rs 150 are spent in travelling
II. Profit was 5 %

Options

A. the statement I alone is sufficient to answer the question but the statement II alone is not sufficient
B. the statement II alone is sufficient to answer the question but the statement I alone is not sufficient
C. both statements I and II together are needed to answer the question
D. either the statement I alone or statment II alone is sufficient to answer the question

Answer

To find the Selling Price (SP) of rice, we will follow these steps:

### Step 1: Calculate the Total Cost Price (CP)
The total cost price of the rice includes the purchase price and the additional cost incurred for traveling.

- **Cost Price of rice** = Rs. 3350
- **Traveling cost** = Rs. 150

**Total Cost Price (CP)** = Cost Price of rice + Traveling cost
= Rs. 3350 + Rs. 150
= Rs. 3500

### Step 2: Calculate the Profit
We know that the profit percentage is 5%.

**Profit** = (Profit Percentage / 100) × Cost Price
= (5 / 100) × Rs. 3500
= Rs. 175

### Step 3: Calculate the Selling Price (SP)
The Selling Price can be calculated by adding the profit to the cost price.

**Selling Price (SP)** = Cost Price + Profit
= Rs. 3500 + Rs. 175
= Rs. 3675

### Final Answer
The Selling Price (SP) of 50 kg of rice is **Rs. 3675**.

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