A merchant gives a discount of 10% on tea but uses a false weight which actually measures 900 gms instead of 1000 gms find his net loss
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A merchant gives a discount of 10 % on tea but uses a false weight which actually measures 900 grams instead of 1000 grams.
To find : his net loss.
solution : let cost price of 1000 grams tea is 1000 Rs.
now merchant gives a discount of 10% on tea.
i.e., 1000 grams tea is sold in just 900 Rs.
but he uses a false weight which actually measures 900 g instead of 1000g.
so, cost price of 900g tea is 900 Rs.
now net loss = (cost price - selling price)/cost price × 100
= (900 - 900)/900 × 100
= 0%
Therefore neither loss nor gain in the selling of tea.
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