Question

A shopkeeper sold $\frac23$ of his stock of rice at a profit of $5\%$ and the remaining stock at a loss of $2\%$. If his total profit was ₹$$ 1000, then the cost price of the whole stock of rice is:

• A. $₹24,800$
• B. $₹32,600$
• C. $₹37,500$
• D. $₹48,000$

Answer 1

Answer: (C)

$₹37,500$

Answer 2

The correct option is (C) :$₹37,500$