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A merchant has 160 kgs of wheat. He sells a part of it at 10% profit and the rest of 6% loss. If he incurs 4% loss on the whole, find the quantity for each part.
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- 120 kgs
- 140 kgs
- 150 kgs
- 160 kgs
Correct Option: B
According to figure we can find that the ration would be 1 : 7.
Quantity sold at 10% profit = 1 / (1 + 7)× 160 = 20 kgs.
Quantity sold at 6% loss = (160 – 20) = 140 kgs.
