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A shopkeeper bought rice worth Rs 4,500....

A shopkeeper bought rice worth Rs 4,500. He sold one-third of it at 10% profit. If he desires a profit of 12% on the whole, find :
the percentage profit on the rest of the rice.

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To solve the problem step by step, we will follow the logic presented in the video transcript. ### Step 1: Determine the total cost price (CP) The total cost price of the rice is given as Rs 4,500. ### Step 2: Calculate the cost price of one-third of the rice The cost price of one-third of the rice (CP1) can be calculated as: \[ CP1 = \frac{1}{3} \times 4500 = 1500 \] ### Step 3: Calculate the cost price of the remaining two-thirds of the rice The cost price of the remaining two-thirds of the rice (CP2) can be calculated as: \[ CP2 = \frac{2}{3} \times 4500 = 3000 \] ### Step 4: Calculate the profit from selling one-third of the rice at 10% profit The profit (P1) from selling one-third of the rice at a 10% profit can be calculated as: \[ P1 = 10\% \text{ of } CP1 = \frac{10}{100} \times 1500 = 150 \] ### Step 5: Calculate the selling price of one-third of the rice The selling price (SP1) of the one-third of the rice can be calculated as: \[ SP1 = CP1 + P1 = 1500 + 150 = 1650 \] ### Step 6: Determine the desired net profit on the whole rice The shopkeeper desires a net profit of 12% on the total cost price. Therefore, the net profit (P_net) can be calculated as: \[ P_{net} = 12\% \text{ of } 4500 = \frac{12}{100} \times 4500 = 540 \] ### Step 7: Calculate the profit from selling the remaining rice Let the profit from selling the remaining rice (P2) be calculated at x% profit. The profit from selling the remaining rice can be expressed as: \[ P2 = \frac{x}{100} \times CP2 = \frac{x}{100} \times 3000 = 30x \] ### Step 8: Set up the equation for total profit The total profit from both sales must equal the desired net profit: \[ P1 + P2 = P_{net} \] Substituting the values we have: \[ 150 + 30x = 540 \] ### Step 9: Solve for x Rearranging the equation gives: \[ 30x = 540 - 150 \] \[ 30x = 390 \] Dividing both sides by 30 gives: \[ x = \frac{390}{30} = 13 \] ### Step 10: Conclusion The percentage profit on the remaining rice is **13%**. ---
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ICSE-PROFIT, LOSS AND DISCOUNT -EXERCISE 8 (C)
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  3. A fruit-seller sells 4 oranges for 3, gaining 50%. Find : C.P. of 4...

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  4. A fruit-seller sells 4 oranges for 3, gaining 50%. Find : C.P. of ...

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  5. A fruit-seller sells 4 oranges for 3, gaining 50%. Find : S.P. of o...

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  6. A fruit-seller sells 4 oranges for 3, gaining 50%. Find : profit ma...

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  7. A fruit-seller sells 4 oranges for 3, gaining 50%. Find : number of...

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  8. A man sells 12 articles for 80 gaining 33 (1)/(3) %. Find the number o...

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  9. The cost price of 20 articles is same as the selling price of 16 artic...

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  10. The selling price of 15 articles is equal to the cost price of 12 arti...

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  11. By selling 8 pens, Shyam loses equal to the cost price of 2 pens. Find...

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  12. A shopkeeper bought rice worth Rs 4,500. He sold one-third of it at 10...

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  13. A shopkeeper bought rice worth Rs 4,500. He sold one-third of it at 10...

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  14. Mohan bought a certain number of note-books forRs 600. He sold (1)/(4...

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  15. Raju sells a watch at 5% profit. Had he sold it forRs 24 more, he wou...

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  16. A man sold a bicycle at 5% profit. If the cost had been 30% less and t...

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  17. Renu sold an article at a loss of 8 percent. Had she bought it at 10% ...

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