$600.
Given that
Profit per kg = $4.
we find out the overall profit for 150 kg of rice.
Profit is a term that often describes the financial gain a business receives when revenue surpasses costs and expenses.
Total Revenue - Total Expenses = Profit.
for 1 kg profit is $4
then for 150 kg profit is = (profit of 1 kg × total rice)
= 4×150$
= $600
Hence the overall profit on 150 kg of rice is $600 .
Profit and Loss formula is used in mathematics to determine the price of a commodity in the market and understand how profitable a business is. Every product has a cost price and a selling price. Based on the values of these prices, we can calculate the profit gained or the loss incurred for a particular product.
Profit(P) - The amount gained by selling a product with more than its cost price.
Profit or Gain = Selling price – Cost Price
Profit percentage (P%) = (Profit /Cost Price) x 100
To learn more about Profit
visit - https://brainly.com/question/12225249
#SPJ9
