A man bought a certain quantity of rice at the rate of $ 650 per quintal. 20% of the rice was spoiled. At what rate should he sell the remaining rice to gain 20% on the outlay?

A man bought a certain quantity of rice at the rate of $ 650 per quint

1.	A man bought a certain quantity of rice at the rate of $ 650 per quintal. 20% of the rice was spoiled. At what rate should he sell the remaining rice to gain 20% on the outlay?
A.	$ 775
B.	$ 850
C.	$ 890
D.	$ 975
Answer» E.

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A man bought a certain quantity of rice at the rate of $ 650 per quintal. 20% of the rice was spoiled. At what rate should he sell the remaining rice to gain 20% on the outlay?

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