A tea merchant sells it at a loss of 6% but uses a weight of 900 gram instead of 1 kg find actual gain percent
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2
Answer:
Step-by-step explanation:
Let cp of 1 kg =100
cp of 1800g=180
loss=6%
so loss for selling 2000g
6%=loss/200×100
loss=12
hence sp of 1800g= 188
now profit%=8/180×100. (since188-180=8)
profit%= 4.45%(approx)
Hope it helps
Answered by
3
Answer:
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Step-by-step explanation:
The trader professes to sell his goods at a loss of 6%.
Therefore, Selling Price = (100 - 6)% of Cost Price
or SP = 0.92CP
But, when he uses weights that measure only 900 grams while he claims to measure 1 kg.
Hence, CP of 900gms = 0.90 * Original CP
So, he is selling goods worth 0.90CP at 0.92CP
Therefore, he makes a profit of 0.02 CP on his cost of 0.9 CP
Profit % =
i.e.,
or 2.22%
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