by selling 120kg of cement,a shopkeeper makes a profit equivalent to the price of 10kg of cement.what percent profit does the shopkeeper make?
Answers
Answered by
1
Answer:
ANSWER
In the first case:
S.P. = Rs. 120 per kg
Profit =20%
∴ C.P. =120×
120
100
= Rs. 100 per kg
In the second Case:
S.P. of tea with 30% profit for shopkeeper
=100×
100
130
= Rs. 130 per kg
∴ S.P. of tea worth Rs. 120 per kg increased by 10.
∴ S.P. of tea worth Rs. 1 per kg is increased by
120
10
.
∴ S.P. of tea worth Rs. 100 per kg is increased by
120
10×100
= Rs. 8
3
1
∴ Percentage increase in S.P. =8
3
1
%.
Similar questions