A shopkeeper sells the goods at 44%loss on cost price but uses 30%less weight l. What is percentage of profit and loss
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Answer:
20%loss
Step-by-step explanation:
If weight is 100 kg
weight taken by shopkeeper =70kg
CP=70RS
SP =56
loss=70-56/ 70 * 100= 14/70*100
20%
Answered by
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20% is the loss if a shopkeeper sells the goods at 44%loss on cost price but uses 30%less weight
Given:
A shopkeeper sells the goods at 44%loss on cost price
Uses 30%less weight
To Find:
percentage of profit or loss
Solution:
Assume that 100C is the cost price
Shopkeeper sells the goods at 44%loss
Hence Loss = (44/100)100C = 44C
Selling Price = 100C - 44C = 56C
uses 30%less weight
Actual Cost Price = 100C - (30/100)100C = 70C
Actual Cost Price = 70C
Actual Selling Price = 56C
Actual Loss = 70C - 56C = 14C
Loss % = (14C/70C) * 100 = 20%
Hence 20% is the loss
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