Question

A shop-keeper 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 : 

(i) the selling price of the rest of the rice ; 

(ii) the percentage profit on the rest of the rice.

Answer 1

C.P. of the rice = Rs.4500

Profit desired on the whole = 12%