SOLUTION: If the rice is sold at Rs 66 per kg, there would be a 10% loss. To earn a profit of 50% what should be the price of rice (in Rs per kg)?
1) 110
2) 105
3) 108
4) 112
Algebra.Com
Question 1102225: If the rice is sold at Rs 66 per kg, there would be a 10% loss. To earn a profit of 50% what should be the price of rice (in Rs per kg)?
1) 110
2) 105
3) 108
4) 112
Answer by josgarithmetic(39621) (Show Source): You can put this solution on YOUR website!
------
If rice is sold at Rs 66 per kg, there would be a 10% loss.
-----
w, how much merchant paid for per kg of rice
------merchant's cost, per kilogram
50% Profit:
Factor 1.50 or ;
Rs 110
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