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200 kg of sugar was purchased at the rat...

`200` kg of sugar was purchased at the rate of `"Rs. 15"` per kg and sold at a profit of `5%`. Compute the profit and the selling price per kg.

A

15.75

B

16.75

C

17.75

D

18.75

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will calculate the cost price, profit, and selling price per kg of sugar. ### Step 1: Calculate the Cost Price (CP) The cost price of sugar is given as Rs. 15 per kg. For 200 kg, the total cost price (CP) can be calculated as: \[ \text{CP} = \text{Cost per kg} \times \text{Quantity} \] \[ \text{CP} = 15 \, \text{Rs/kg} \times 200 \, \text{kg} = 3000 \, \text{Rs} \] ### Step 2: Calculate the Profit The profit percentage is given as 5%. To find the profit in Rs., we can use the formula: \[ \text{Profit} = \left(\frac{\text{Profit Percentage}}{100}\right) \times \text{CP} \] Substituting the values: \[ \text{Profit} = \left(\frac{5}{100}\right) \times 3000 = 150 \, \text{Rs} \] ### Step 3: Calculate the Selling Price (SP) The selling price can be calculated using the formula: \[ \text{SP} = \text{CP} + \text{Profit} \] Substituting the values: \[ \text{SP} = 3000 + 150 = 3150 \, \text{Rs} \] ### Step 4: Calculate the Selling Price per kg To find the selling price per kg, we divide the total selling price by the quantity: \[ \text{Selling Price per kg} = \frac{\text{SP}}{\text{Quantity}} \] Substituting the values: \[ \text{Selling Price per kg} = \frac{3150}{200} = 15.75 \, \text{Rs/kg} \] ### Summary of Results - Profit = Rs. 150 - Selling Price per kg = Rs. 15.75
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