Latest CADENCE Aptitude Question SOLUTION: A seller uses 840 gm in place of 1 kg to sell his goods. Find his actual profit and loss: (i) When he sells his article on 4% loss on cost price.

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A seller uses 840 gm in place of 1 kg to sell his goods. Find his actual profit and loss:
(i) When he sells his article on 4% loss on cost price.

Asked In CADENCE Shilpi Shandilya (9 years ago)

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aman  (9 years ago)

Let 1kg of 100₹ then 840kg is of 84₹.
Now (label on can 1kg but contains 840kg ) so for customer it is of 100₹ we further give 4% discount [he sells his article on 4% loss on cost price.] so now S.P = 96₹
But actually it contains 840 kg so C.P for shopkeeper = 84₹
S.P=96₹
C.P=84₹
{(S.P-C.P)/C.P}*100
{(96-84)/84} *100 = 14.28571429% PROFIT

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vinit  (9 years ago)

profit=96-84
=12 now
profit percentage=12*100/84=14.28%

Is this solution Helpfull? Yes (2) | No   

aman  (9 years ago)

CORRECTION : 840 IS IN GRAM
Let 1kg of 100₹ then 840gram is of 84₹.
Now (label on can 1kg but contains 840grm )so for customer it is of 100₹ we further give 4% discount [he sells his article on 4% loss on cost price.] so now S.P = 96₹
But actually it contains 840 gram so C.P for shopkeeper = 84₹
S.P=96₹
C.P=84₹
{(S.P-C.P)/C.P}*100
{(96-84)/84} *100 = 14.28571429% PROFIT

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Chirag Ranjan Lahiri  (9 years ago)

profit percentage=12*100/84=14.28%

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Chirag Ranjan Lahiri  (9 years ago)

profit percentage=12*100/84=14.28%

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Chirag Ranjan Lahiri  (9 years ago)

profit percentage=12*100/84=14.28%

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sravani  (9 years ago)

1000gm ------------ x/-
4% loss => 96/100 x.
840 --------- 96/100 x.
1000 --------?
1000 * 96/100 x /840 =8/7 x
8/7 x - 96/100 x =128/700 x is his profit where x is the cost price..

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