Sulekha bought 36 kg of sugar for Rs. 1,040. She sold it at a profit equal to the selling price of 10 kg of it. What is the selling price (in Rs.) for 5 kg of sugar?
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. 200
Cost Price of 1 kg sugar = Rs.1040/36
According to the question,
SP × 10 = SP × 36 - CP × 36
⇒ CP × 36 = 26 × SP
⇒ 1040/ 36 × 36 = 26 × SP
⇒ 1040 = 26 × SP
⇒ SP = 1040/26 = 40
Selling Price of 5 kg of sugar = 40 × 5 = Rs. 200