A shopkeeper promises to sell his goods at x% profit but he uses 12.5% less weight thus gain 50%. Find the value of x
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Step-by-step explanation:
Let the cost price be=₹ 100 per kg
Loss %= X%
Hence SP=₹ 100- X per kg
per kg he gives 25 % less i.e. He gives 750 g
Hence actually ₹ 100-X is the Price obtained on selling 750 g
hence he get per kg =₹ (100-X)x1000/750
=₹ 400/3 -4X/3
when gain is 20 % he get ₹ 120
Hence 400/3 -4X/3=120
which gives X=10%
Hope it helps you
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