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A shopkeeper had 50 Kg. rice He sold one...

A shopkeeper had 50 Kg. rice He sold one part of it at a profit of 10% and on the other, he losed 5%. His total profit was 7% on the whole transaction. How many Kg. rice was sold at a profit of 10% ?

A

40 kg

B

30 kg

C

15 kg

D

20 kg

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we need to determine how many kilograms of rice were sold at a profit of 10%. Let's denote: - \( x \) = the quantity of rice sold at a profit of 10% - \( 50 - x \) = the quantity of rice sold at a loss of 5% ### Step 1: Calculate the cost price of the rice Assuming the cost price of the rice is \( C \) per kg, the total cost price for 50 kg of rice is: \[ \text{Total Cost Price} = 50C \] ### Step 2: Calculate the selling price for the part sold at a profit of 10% The selling price for the part sold at a profit of 10% is: \[ \text{Selling Price at 10% profit} = x \times C \times (1 + 0.10) = x \times C \times 1.10 = 1.10xC \] ### Step 3: Calculate the selling price for the part sold at a loss of 5% The selling price for the part sold at a loss of 5% is: \[ \text{Selling Price at 5% loss} = (50 - x) \times C \times (1 - 0.05) = (50 - x) \times C \times 0.95 = 0.95(50 - x)C \] ### Step 4: Calculate the total selling price The total selling price for the rice is the sum of the selling prices from both parts: \[ \text{Total Selling Price} = 1.10xC + 0.95(50 - x)C \] ### Step 5: Set up the equation for total profit The total profit is given as 7% of the total cost price: \[ \text{Total Profit} = 0.07 \times \text{Total Cost Price} = 0.07 \times 50C = 3.5C \] ### Step 6: Set the equation for selling price equal to cost price plus profit Now we can set up the equation: \[ 1.10xC + 0.95(50 - x)C = 50C + 3.5C \] Simplifying this gives: \[ 1.10xC + 0.95(50C - xC) = 53.5C \] ### Step 7: Expand and simplify the equation Expanding the left side: \[ 1.10xC + 47.5C - 0.95xC = 53.5C \] Combining like terms: \[ (1.10x - 0.95x)C + 47.5C = 53.5C \] \[ 0.15xC + 47.5C = 53.5C \] ### Step 8: Isolate \( x \) Subtract \( 47.5C \) from both sides: \[ 0.15xC = 53.5C - 47.5C \] \[ 0.15xC = 6C \] Dividing both sides by \( 0.15C \): \[ x = \frac{6C}{0.15C} = 40 \] ### Conclusion The quantity of rice sold at a profit of 10% is: \[ \boxed{40 \text{ kg}} \]
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