a dishonest shopkeeper sell sugar at cost price but makes 20% profit by using quality weights he decided to give a discount to attract more customers what percent of the discount should he offered to make 12% profit
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Step-by-step explanation:
Centre - 100 or 1000
RHS - Profit or Loss
LHS - Weight or Length or any other quantity
In the given question
Let as assume the quantity be 1000 ( Centre)
Profit = 30% of 1000 = 1300 ( RHS)
Weight = 800 ( LHS)
800 1000 1300
Now
LHS = CP
RHS = SP
Profit = SP - CP = 1300 - 800 = 500
Profit % = Profit x 100 / CP
Profit % = 500 x 100 / 800
Profit % = 62.5%
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