1.

Quantity B: A shopkeeper makes changes in weight balance that is weight balance counts 940g instead of 1000 kg. What is profit percentage he had?1). Quantity A > Quantity B2). Quantity A < Quantity B3). Quantity A ≥ Quantity B4). Quantity A ≤ Quantity B

Answer»

Quantity A:

Let the Cost price of GOODS be Rs.100.

Given,

A shopkeeper sets his goods price at 30% above the cost price

Then it’s marked price set by shopkeeper is Rs.130.

After this he is OFFERING 10% DISCOUNT for cashless payments,

SELLING price after discount is =

= 130 – 130 × 10/100

= 130 – 13

= 117

Selling price of goods after discount = Rs.117

Profit percentage he had in this transaction =

= ((SP – CP)/CP) × 100

= ((117 – 100)/100) × 100

= 17

Profit percentage he had is 17%.

Quantity B:

Given,

weight balance counts 940g instead of 1000kg

Let for 1 kg weight cost price is Rs.100

That is due to faulty weight balance,

He sells goods of Rs.94 at price of goods 1kg.

Gain he had = 100 – 94 = 6

Percentage profit he had =

= (6/94) × 100

= 6.38%

Due to faulty weight balance shopkeeper had 6.38% profit.

From above solution,

Relation between Quantity A > Quantity B is established.


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