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A Seller Uses 840 Gm In Place Of 1 Kg To Sell His Goods. Find His Actual Profit/loss % When He Sells His Article On 4% Loss On Cost Price ? |
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Answer» Let 1KG of Rs. 100 then 840gm is of Rs. 84. Now (LABEL on can 1kg but contains 840kg ) so for customer it is of Rs. 100 and further gives 4% DISCOUNT [he sells his ARTICLE on 4% loss on cost price.] So now S.P = Rs. 96 But ACTUALLY it contains 840 gm so C.P for shopkeeper = Rs. 84 S.P = Rs. 96 C.P = Rs. 84 Profit% = {(S.P-C.P)/C.P}x100 {(96-84)/84} x 100 = 14.28571429% PROFIT. Let 1kg of Rs. 100 then 840gm is of Rs. 84. Now (label on can 1kg but contains 840kg ) so for customer it is of Rs. 100 and further gives 4% discount [he sells his article on 4% loss on cost price.] So now S.P = Rs. 96 But actually it contains 840 gm so C.P for shopkeeper = Rs. 84 S.P = Rs. 96 C.P = Rs. 84 Profit% = {(S.P-C.P)/C.P}x100 {(96-84)/84} x 100 = 14.28571429% PROFIT. |
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