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Company
Numerical Ability
Profit and Loss
Eesha has a wheat business. She purchases wheat from a local wholesaler of a particular cost per pound. The price of the wheat of her stores is $3 per kg. Her faulty spring balance reads 0.9 kg for a KG. Also in the festival season, she gives a 10% discount on the wheat. She found that she made neither a profit nor a loss in the festival season. At what price did Eesha purchase the wheat from the wholesaler ?
Read Solution (Total 14)
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- Faulty spring balance reads 0.9 kg for a kg" means that she sells 1 kg for the price of 0.9 kgs, so she looses 10% of the price because of the faulty spring balance. She looses another 10% because of the discount.
So, she actually sells 1 kg for $3×0.9×0.9=$2.43 and since at that price she made neither a profit nor a loss, then Eesha purchase the wheat from the wholesaler for $2.43. - 10 years agoHelpfull: Yes(36) No(7)
- sp of 1kg=$3
due to faulty balance->
1kg becomes 0.9kg
10kg becomes 9kg
sp of 9kg=3*9=$27
but in actual sp of 10kg = $27
=> sp of 1kg = $2.7
for 10 per discount ->>
sp 1kg becomes 2.7*90/100= $2.47
for no profit, no loss-> sp=cp= $2.47 - 10 years agoHelpfull: Yes(12) No(4)
- 1 kg of Wheat=3
0.9 kg of wheat=3*0.9=2.7
Now she gives 10% discount per kg(Here 1kg is 0.9)
So,10/100*2.7=0.27
Finally,SP-Discount=CP
CP=2.7-0.27=$2.47 - 9 years agoHelpfull: Yes(7) No(1)
- 3*0.9*0.9=2.43
- 10 years agoHelpfull: Yes(4) No(1)
- esha sells 0.9 kg in 3rs
1 kg in =3/0.9 rs
now she gives 10% discount so price per kg=3/0.9*0.9=3
as no profit no loss so she purchases it for=buy price=sell price=3 - 10 years agoHelpfull: Yes(3) No(8)
- hi surabhi...
can u plz explain the method - 10 years agoHelpfull: Yes(2) No(2)
- Short trick : 3*0.9*(1-0.1)=$2.43
- 8 years agoHelpfull: Yes(1) No(0)
- 3*9/10*9/10=2.43
- 10 years agoHelpfull: Yes(0) No(4)
- 3*0.9*o.9=2.43
- 10 years agoHelpfull: Yes(0) No(2)
- 6/6*5/6*4/6*3/6=5/18
p(atleast two gets same nmber)=1-5/18=13/18 - 10 years agoHelpfull: Yes(0) No(2)
- $3*0.9*0.9 = $2.43
- 10 years agoHelpfull: Yes(0) No(1)
- admin please confirm the right answer..
- 10 years agoHelpfull: Yes(0) No(3)
- $3*0.9*0.9 = $2.43
- 10 years agoHelpfull: Yes(0) No(0)
- 1kg is shown as 0.9kg
so,
1/0.9 kg is shown as 1kg
1/0.9 kg is sells as 1kg
actual selling price of 1/0.9kg is $3
due to 10% discound seling price of 1/0.9 kg is $2.7
so,
1/0.9 kg = $2.7
llly, 1kg = $ (2.7*0.9)/1 = $ 2.43
so,
actual selling price is $2.43 - 8 years agoHelpfull: Yes(0) No(0)
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