Divya Karnakanti
Divya Karnakanti
8 years ago

A seller uses 920 gm in place of one kg to sell his goods.find the actual% profit or loss,when he sells his article on 15%gain on cost price?

Solution(By Examveda Team)

Let the cost price of Article is Rs. 100 for 1kg.
Selling price for article after 15% profit is Rs.115
But instead of selling 1kg seller sold 920gm.
Cost price of 920gm is Rs. 92
Profit will be 115 - 92 = 23
Therefore Profit % is 23/92 X 100 = 25%

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Comments ( 3 )

  1. Rejith Renujakumar
    Rejith Renujakumar :
    7 years ago

    25%
    In case of 1Kg worth 100 ₹ item, he selling 920g for 115 ₹
    Cost price 920g 98₹
    Selling price 115₹
    So profit (23/98)100=25
    Is it correct?

  2. Kamalakar Katta
    Kamalakar Katta :
    8 years ago

    How 25%??

  3. Nirmla Sandhu
    Nirmla Sandhu :
    8 years ago

    25%

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