Mathematics · Profit and Loss
During a lockdown, a distributor receives 2700 kg of rice from the state government to distribute to families at a cost price of Rs 40 per kg, with an allocation of 4.5 kg per person. Instead of 4.5 kg, the distributor uses a false weight of 3.75 kg per person and siphons off the remaining rice. The accumulated black market rice is then sold at double the cost price. When caught, the distributor is fined 125% of the total earnings from the black market. What was the fine amount?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs 45,000✓
- 2Rs 54,000
- 3Rs 28,000
- 4Rs 36,000
Correct answer
Rs 45,000
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