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kush jain

· started a discussion

· 1 Months ago

easier approach (Question: 107807.0 )

% Profit = 25 /100 = (120 +k)/ 880
→ k = 100
Thus,
Net % profit = (100 *100) /1000 = 10%

Question:

A trader sells goods to his customer at a profit of K% over the cost price, besides it he cheats his customer by giving 880 gm instead of 1 kg. Thus, his overall profit percent is 25%. Find the value of K.

Options:
A) 8.33%
B) 8.25% 
C) 10% 
D) 12.5%
Solution:
Ans: (c) 



Alternate:


Let C.P. of 1000g = Rs. 1000
Profit % = K %
Profit = K/100 x 1000 = Rs.10 K
He then cheats his customer by giving 880g only instead of 1kg,
So, C.P of 880g = Rs. 880
S.P. of 880g = 1000 + 10K
Profit % = [ ( 1000 + 10K - 880 ) / 880 ] x 100 = 25
K = 10%

Shashank Shah

· commented

· 1 Months ago

Thanks buddy

sunil kumar

· commented

· 1 Months ago

Find 125% of 880 then u got 1100 now - it from 1000 u got 100 now it is 10 % of base qty

NAVEEN KUMAR

· commented

· 1 Months ago

Yet to be approved!

shekhar kumar

· commented

· 1 Months ago

thanks
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