Question

Agrocer sells rice at a profit of 10% and uses weights
which are 20% less than the market weight. The total
gain earned by him will be:
(a) 30%
(b) 35%
(c) 37.5%
(d)None​

Answer 1

Answer:

37.5

Step-by-step explanation:

Let us consider a packet of rice market 1 kg. Then it's actual weight=(80% of 1kg)=0.8kg .

Let c.p of o.8kg=R.s0.8×100=R.s80

Now S.p of 1Kg =110% of C.p of 1kg=R.s 100

Gain = (1.1- 0.8) × 100 = 0.3 × 100 = 300

Required gain % = {0.3(0.8×130)}×100

= 37.5%