Ashifur August 8, 2023 - 16:28
Problem: A rice dealer bought rice at Tk. 985 per quintal and sold at Tk. 1200 per quintal. His
transportation charges were Tk. 10 and other expense were TR. 5 per quintal. What was
the percentage of his profit or loss?

View all: BANGLADESH BANK(AB) | WRITTEN QUESTION (MATH) SOLVE | 1993

Correct Answer: ans.The percentage of his profit is 20%

Explanation:

Total cost for per quintal rice = Tk. (985 + 10 + 5)= Tk. 1000

The selling price of per quintal rice = Tk. 1200

The total profit = (1200-1000)= Tk. 200

The 1000 makes profit = Tk. 200

The 100 makes profit =$\frac{200\times 100}{1000}$Tk. = Tk. 20

The percentage of his profit is 20%

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