Elitmus
Exam
Numerical Ability
Profit and Loss
a dishonest grocer sells rice at a profit of 10% and also uses weights which are 20% less than the marked weight.the total gain earned by him is how much?
Read Solution (Total 4)
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- lets,assume sp=110 cp=100 & we get 1kg amount with fair weights
so, with unfair weights we will get .8kg
for .8 kg sp110
so for 1kg sp=110/.8-=137.5
so,net profit=137.5-100 = 37.5% - 7 years agoHelpfull: Yes(14) No(1)
- Let us consider a packet of rice marked 1 kg.
Its actual weight is 80% of 1000 gm = 800 gm.
Let C.P. of each gm be Re. 1.
Then, C.R of this packet = Rs. 800.
S.P. of this packet = 110% of C.P. of 1 kg = Rs.(110/100∗1000)
= Rs. 1100.
∴ Gain% = (300800∗100)%
= 37.5%. - 7 years agoHelpfull: Yes(1) No(0)
- 37.5 percent gain.
10 monetary rest due to weight imbalance trading - 7 years agoHelpfull: Yes(0) No(0)
- let 1000gm=1000rupees- equation 1
dishonest seller use 20% less and sell 10% profit
800gm=1100ruppes-equation -2
make equalisiation on left side
means
1000gm=1000*800
800gm=1100*1000
profit %=(error/actual price)*100=> (300*1000/800*1000)*100=>300/8=37.5% - 4 years agoHelpfull: Yes(0) No(0)
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