Question

A seller uses 840 gm in place of 1 kg to sell his goods. Find his actual profit/loss % When he sells his article on 4% loss on cost price ?
A) 14.28 % profit
B) 24.18 % profit
C) 14.28 % loss
D) 24.18 % loss

Answer 1

Q:

A seller uses 840 gm in place of 1 kg to sell his goods. Find his actual profit/loss % When he sells his article on 4% loss on cost price ?

A) 14.28 % profit
B) 24.18 % profit
C) 14.28 % loss
D) 24.18 % loss

Answer:   A) 14.28 % profit 

Explanation:

Let 1kg of Rs. 100 then 840gm is of Rs. 84.

Now (label on can 1kg but contains 840kg ) so for customer it is of Rs. 100 and further gives 4% discount [he sells his article on 4% loss on cost price.] 

So now S.P = Rs. 96

But actually it contains 840 gm so C.P for shopkeeper = Rs. 84

S.P = Rs. 96
C.P = Rs. 84

Profit% = {(S.P-C.P)/C.P}x100
{(96-84)/84} x 100 = 14.28571429% PROFIT.

Answer 2

Heyy mate ❤✌✌❤

Here's your Answer....

Let 1kg of Rs. 100 then 840gm is of Rs. 84.

Now (label on can 1kg but contains 840kg ) so for customer it is of Rs. 100 and further gives 4% discount [he sells his article on 4% loss on cost price.] 

So now S.P = Rs. 96

But actually it contains 840 gm so C.P for shopkeeper = Rs. 84

S.P = Rs. 96

C.P = Rs. 84

Profit% = {(S.P-C.P)/C.P}x100

{(96-84)/84} x 100 = 14.28571429% PROFIT
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