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A dealer bought fertilizer for Rs. 40 per kg, but he filled only 48.5 kg fertilizer in a bag of 50 kg. At what price is he selling the 50 kg fertilizer bag to earn an overall profit of 15%  if he use same weight to fill the fertilizer bag in both case?

A dealer bought fertilizer for Rs. 40 per kg, but he filled only 48.5 kg fertilizer in a bag of 50 kg. At what price is he selling the 50 kg fertilizer bag to earn an overall profit of 15%  if he use same weight to fill the fertilizer bag in both case? Correct Answer Rs. 2231

The dealer bought fertilizer for Rs. 40 per kg, but filled only 48.5 kg fertilizer in a 50 kg bag

⇒ Cost price of a fertilizer bag = 40 × 48.5 = Rs. 1940

Now, in order to earn a profit of 15%,

⇒ Selling the fertilizer bag for = 1940 + 15% of 1940 = 1940 + 291 = Rs. 2231

∴ The dealer is selling the fertilizer bag for Rs. 2231

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