Advertisements
Advertisements
Question
Choose the most appropriate option
A trader sells rice at a profit of 20% and uses weights which are 10% less than the correct weight. The total gain earned by him is:
Options
`33 1/3%`
35%
`22 2/9%`
30%
Advertisements
Solution
`33 1/3%`
Explanation:
Let us consider a packet of rice marked 1 kg.
its actual weight is 90% of 1000 gm = 900 gm
Let C.P. of each gm = ₹ 1
Then, C.P. of this packet = ₹ 900
S.P. of this packet = 120% of C.P. of 1 kg
`=120/100xx1000`
= 1200
∴ Gain%`=(300/900xx100)%=33 1/3%`
APPEARS IN
RELATED QUESTIONS
Reshma sells an article to Rekha at 37.5% profit, Rekha sells it to Madhu `9 1/11%` at profit. Again Madhu sells it to Mitu at 25% loss. If Mitu pays Rs.342 for the article, then what is the cost price of the article to Reshma?
A dealer buys an article for ₹380.00. What price should he mark so that after allowing a discount of 5% he still makes a profit of 25% on the article?
100 oranges are bought at the rate of ₹ 350 and sold at the rate of ₹ 48 per dozen. The percentage of profit or loss is
In a certain store, the profit is 320% of the cost. If the cost increases by 25%, but the selling price remains constant, approximately what percentage of the selling price is the profit?
A shopkeeper expects a gain of 22.5% on his cost price. If in a week, his sale was of ₹ 392, what was his profit?
Oranges are bought at rate of 7 for ₹ 3. At what rate per hundred must they be sold to gain 33%?
A trader makes a profit of 20% on the whole even when his scale reads 15% less. What is his % mark-up, over and above cost Price?
An accountant calculated profit to be 25% at end of a financial year. However, later it was detected that, by mistake, the accountant had calculated the profit % on selling Price instead of cost price. Find the actual Profit% if sales were ₹ 48000 for that particular period.
The cost price of an article is ₹ 390. If it is to be sold at a profit of 3.12 per cent, how much would be Its approximate selling price?
