InterviewSolution
Saved Bookmarks
| 1. |
. By selling 45 kg sugar, a shopkeeper gainequal to SP of 5 kg sugar. Find his gain%. |
|
Answer» Selling Price = Cost Price + Profit (SP = CP + P) Profit on sale of 45 kg sugar = Selling Price of 5 kg sugar : 45P = 5(C + P) ⇒ 45P = 5C + 5P ⇒ 45P - 5P = 5C ⇒ 40P = 5C ⇒ P/C = (5*100)/40 ⇒ P/C = 500/40 ⇒ 12.5 % So, profit margin on Cost Price is 12.5 % |
|