A stockiest wants to make some profit by selling sugar. He contemplates about various methods. Which of the following would maximize his profit? I. Sell sugar at 10% profit. II. Use 900 g of weight instead of 1 kg. III. Mix 10% impurities in sugar and selling sugar at cost price. IV. Increase the price by 5% and reduced weights by 5%.
A. I or II
B. II
C. II, III and IV
D. Profits are same
E. None of these
Answer: Option B
Solution(By Examveda Team)
Let the CP of 1 kg of sugar be Rs. 100. Then, CP of 900g sugar = $$\frac{{100 \times 900}}{{1000}}$$ = Rs. 90 Hence, profit % = $$ {\frac{{100 - 90}}{{90}}} \times 100$$ = 11.11% If he add 10% impurity then his CP for 1 kg = $$\frac{{100 \times 1000}}{{1100}}$$ = Rs. 90.9 And % profit = $$ {\frac{{100 - 90.9}}{{90.9}}} \times 100$$ = 10.01% If he reduces weight by 5% Then, cost price of 950 g = $$\frac{{100 \times 950}}{{1000}}$$ = Rs 95 and SP = 105; % profit = $$ {\frac{{105 - 95}}{{95}}} \times 100$$ = 10.25%Join The Discussion
Comments ( 1 )
Related Questions on Profit and Loss
A. 45 : 56
B. 45 : 51
C. 47 : 56
D. 47 : 51
A. Rs. 2600
B. Rs. 2700
C. Rs. 2800
D. Rs. 3000
A. A neither losses nor gains
B. A makes a profit of 11%
C. A makes a profit of 20%
D. B loses 20%
A. Rs. 3,750
B. Rs. 3,250
C. Rs. 2,750
D. Rs. 2,250
condition 3rd-(10/95)x100=10.52% or 1 10/19 %
how is 2nd answer?