Question

A trader sells one kg of wheat at a profit of $10\%$. If he had bought it at $20\%$ less and sold it for Rs. 10 less, what would have been his profit percentage? What was the cost price of wheat per kg

• A. Rs. 55
• B. Rs. 50
• C. Rs. 65
• D. Rs. 60

Answer 1

Answer: (B)

Rs. 50

Answer 2

The correct answer is (B): Rs. 50