Select the correct answerA person buys 80 kg of rice and sells it at a profit of as much money as he paid for 30 kg. His profit percentage is?
Question
Solution 1
Sure, let's solve this step by step:
Step 1: First, we need to find out the cost price of the rice. Let's assume the cost price of 1 kg of rice is 80.
Step 2: The person makes a profit equal to the cost of 30 kg of rice. So, the profit is $30.
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