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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%

This Question Belongs to Arithmetic Ability >> Profit And Loss

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Comments ( 1 )

  1. Sameer Dixit
    Sameer Dixit :
    8 years ago

    condition 3rd-(10/95)x100=10.52% or 1 10/19 %

    how is 2nd answer?

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