Mahesh bought 100 kg of rice for Rs. 1040 and sold it at a loss of as much money as he received for 30 kg rice. At what price did he sell the rice?

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Accepted Answer

Let the selling price of the rice = Rs.P/kg Now, according to the question, 1040 - 100p = 30p => p = 8/kg Hence, the selling price of the rice = Rs. 8/kg

Mahesh bought 100 kg of rice for Rs. 1040 and sold it at a loss of as much money as he received for 30 kg rice. At what price did he sell the rice?

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