Question
Raman plans to sell his goods at a loss of 8% but uses weights of 900 grams in place of a kg weight. Find his real loss or gain percent?
Answer: Option D
:
D
Raman plans to sell his goods at a loss of 8%. Therefore, Selling Price =(100−8)% of CP = 0.92 CP. But, when he uses weights that measure only 900 grams while he claims to measure 1 kg.Hence,
CP of 900gms =0.90×OriginalCP
So, he is selling goods worth 0.90 CP at 0.92 CP
Therefore, he makes a profit of 0.02 CP on his cost of 0.9 CP profit %=2.22%
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:
D
Raman plans to sell his goods at a loss of 8%. Therefore, Selling Price =(100−8)% of CP = 0.92 CP. But, when he uses weights that measure only 900 grams while he claims to measure 1 kg.Hence,
CP of 900gms =0.90×OriginalCP
So, he is selling goods worth 0.90 CP at 0.92 CP
Therefore, he makes a profit of 0.02 CP on his cost of 0.9 CP profit %=2.22%
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