Correct option is D
Given:
Cost price (CP) of wheat per quintal = Rs.1200
Quantity of wheat = 200 quintals
Total transportation and storage cost = Rs.10000
Selling price (SP) of wheat per kg = Rs.13
Formula Used:
Solution:
CP = (1200 200) + 10000 = Rs. 250000
SP = 13 (200 100) = Rs. 260000
Profit = 260000 - 250000 = 10000
= 4%