A trader sells goods to a customer at a profit of k% over the cost price, besides it he cheats his customer by giving 880 g only instead of 1 kg. Thus his overall profit percentage is 25%. Find the value of k?
A. 8.33%
B. 8.25%
C. 10%
D. 12.5%
Answer: Option C
Solution (By Examveda Team)
% Profit = $$\frac{{25}}{{100}}$$ = $$\frac{{120 + {\text{k}}}}{{880}}$$ → k = 100 Thus, Net % profit = $$\frac{{100 \times 100}}{{1000}}$$ = 10%Join The Discussion
Comments (9)
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

Cost price of 1000 gm is 1000
In that sense cp should have been 880 for 880 gm
But he makes a profit of 25 percent on cost,880*125/100=1100
Initial cost 1000.Therefore profit =100/1000*10=10 percent
let, CP of 1kg = 100
SP = 100+k
so, CP of one goods = 100/1000 = 1/10
the trader cheats his customer by giving 880 g only instead of 1 kg
so, SP of one goods = (100+k)/880
so, gain = [(100+k)/880 -1/10] = (100+k-88)/880 = (k+12)/880
APQ, [[(k+12)/880]/(1/10)] * 100 = 25
or, (k+12)/88 = 1/4
or, k+12 = 22
or, k = 10
so, value of k is 10%.
Short and simple...
Cp=100 , profit = k% => SP = 100+ K
NOW
ACTUAL CP IS FOR 880g not for 1000g
CP = 88
P%(given)=25%=(sp-cp)/(cp)
25/100=(100+k-88)/88
1/4=(12+k)/88
22=12+k
[K=10%]
===
Applying MF
100×(100+k)/100×100/88-100= 25
=> (100+k)×(25/22)= 125
=> (100+k)×25= 125×22
=> 2500+25k= 125×22
=> 25k= 125×22-2500= 250
=> k= 10
So the value of k= 10[Answer.]
===
Let C.P= 100
S.p=
880gm- 100+k
so,(1000-880)=120gm s.p is (300+3k)/22
Now,Total profit= 100+K+(300+3k)/22= (2500+25K)/22
A/Q,
(2500+25K)/22-100=25
so,K= 10%
Let C.P= 100
S.p=
880gm- 100+k
so,(1000-880)=120gm s.p is (300+3k)/22
Now,Total profit= 100+K+(300+3k)/22= (2500+3K)/22
A/Q,
(2500+3K)/22-100=25
so,K= 8.33%
it would be 25% instead of 255
can anyone explain this solution?
Pleas explain this question according to formula