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.

• 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
• 9 years agoHelpfull: Yes(3) No(0)
• profit=96-84
  =12 now
  profit percentage=12*100/84=14.28%
• 9 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
• 9 years agoHelpfull: Yes(1) No(0)
• profit percentage=12*100/84=14.28%
• 9 years agoHelpfull: Yes(0) No(0)
• profit percentage=12*100/84=14.28%
• 9 years agoHelpfull: Yes(0) No(0)
• profit percentage=12*100/84=14.28%
• 9 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..
• 9 years agoHelpfull: Yes(0) No(0)