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Anil Purchased 50kg vegetable at Rs.450, then sold them at the rate of Rs.7 per kg, find the profit %?20%21%22%22.22%

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Anil Purchased 50kg vegetable at Rs.450, then sold them at the rate of Rs.7 per kg, find the profit %?20%21%22%22.22%

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Solution 1

First, let's calculate the cost price per kg of the vegetables that Anil purchased.

He bought 50 kg for Rs. 450, so the cost price per kg is 450/50 = Rs. 9 per kg.

Next, we know that he sold the vegetables at Rs. 7 per kg.

To find the profit or loss, we subtract the cost price from the selling price. In this case, we get 7 - 9 = -2.

Since the result is negative, this means that Anil actually made a loss, not a profit.

To find the percentage loss, we divide the loss by the cost price and multiply by 100. So, the percentage loss is (-2/9)*100 = -22.22%.

So, Anil made a loss of 22.22%, not a profit.

This problem has been solved

Solution 2

Step 1: First, we need to find out the cost price per kg of the vegetables. Anil purchased 50kg of vegetables for Rs.450. So, the cost price per kg would be Rs.450/50 = Rs.9 per kg.

Step 2: Anil sold the vegetables at Rs.7 per kg.

Step 3: To find the profit or loss, we subtract the cost price from the selling price. In this case, Anil sold the vegetables at a lower price than he bought them, so he made a loss. The loss per kg of vegetables is Rs.9 - Rs.7 = Rs.2.

Step 4: The percentage loss is calculated as (Loss/Cost price) * 100. So, the percentage loss is (Rs.2/Rs.9) * 100 = 22.22%.

So, Anil made a loss of 22.22% on the vegetables.

This problem has been solved

Solution 3

First, let's find out how much Anil spent to buy the vegetables. He bought 50kg for Rs.450.

Next, let's find out how much he sold the vegetables for. He sold them at a rate of Rs.7 per kg. So, he sold 50kg for 50kg * Rs.7/kg = Rs.350.

Now, let's calculate the profit. The profit is the selling price minus the cost price. So, the profit is Rs.350 - Rs.450 = -Rs.100.

Since the profit is negative, Anil actually made a loss, not a profit.

Therefore, none of the given options are correct.

This problem has been solved

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