A merchant has 160 kgs of wheat. He sells a part of it at 10% profit and the rest of 6% loss. If he incurs 4% loss on the whole, find the quantity for each part.
Correct Answer: 140 kgs
Explanation:
According to figure we can find that the ration would be 1 : 7.
Quantity sold at 10% profit = 1 / (1 + 7)× 160 = 20 kgs.
Quantity sold at 6% loss = (160 – 20) = 140 kgs.
Discussion & Comments