BA LLB Banaras Hindu University 2018 Solved Paper

Question : 125 of 170

Marks: +1, -0

A trader buys

500 {\kg}

of cotton for ? 9000 ,

10 \%

of this cotton is spoiled due to rain. At what rate should he sell the rest to earn

10 \%

profit?

Solution:

Given, trader buys

500 {kg}

of cotton

∴ 10 \%

cotton spoiled due to rain

∴

Cotton remaining

=\;{500 ×(100-10)}/{100}=450 {kg}

Total cost price

=

₹ 9000
Cost price of

1 {kg}=\;{9000}/{450}=₹ 20

Now, to gain

10 \%

profit.
Selling price of

1 {kg}=\;{20 × 110}/{100}=₹ 22

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