A trader claims to sale his goods at cost price.But he gives only 900 grams for every kg.find his profit percentage.
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A seller uses 920 g in place of one kg to sell his goods. When he sells his article at 15% gain on cost price, the actual percentage of profit ... A man sold two watches, each for Rs. 495.
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Description for Correct answer:
Let cost price = Rs.1000
Therefore, Actual cost price = Rs.900
Selling price = 1000×115100 = Rs.1150
Therefore, Actual profit percentage
= 1150−900/900×100 = 25%
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