CADENCE
Company
undefined
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.
Read Solution (Total 7)
-
- 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 - 10 years agoHelpfull: Yes(3) No(0)
- profit=96-84
=12 now
profit percentage=12*100/84=14.28% - 10 years agoHelpfull: Yes(2) No(0)
- 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 - 10 years agoHelpfull: Yes(1) No(0)
- profit percentage=12*100/84=14.28%
- 10 years agoHelpfull: Yes(0) No(0)
- profit percentage=12*100/84=14.28%
- 10 years agoHelpfull: Yes(0) No(0)
- profit percentage=12*100/84=14.28%
- 10 years agoHelpfull: Yes(0) No(0)
- 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.. - 10 years agoHelpfull: Yes(0) No(0)
CADENCE Other Question