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 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:
Updated On: Sep 19, 2024
- \( ₹24,800\)
- \( ₹32,600\)
- \( ₹37,500\)
- \( ₹48,000\)
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The Correct Option is C
Solution and Explanation
The correct option is (C) :\( ₹37,500\)
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