By selling 45 kg sugar, a shopkeeper gains equal to SP of 5 kg sugar. Find his Gain% OR Loss%.
Answers
Answered by
6
5/(45-5) *100=12.5% gain percentage
Prerna09:
CAN'T YOU GIVE ME EXPLANATION WITH FORMULAS????
Answered by
13
Solution :-
Selling Price = Cost Price + Profit (SP = CP + P)
Profit on sale of 45 kg sugar = Selling Price of 5 kg sugar : 45P = 5(C + P)
⇒ 45P = 5C + 5P
⇒ 45P - 5P = 5C
⇒ 40P = 5C
⇒ P/C = (5*100)/40
⇒ P/C = 500/40
⇒ 12.5 %
So, profit margin on Cost Price is 12.5 %
Answer.
Selling Price = Cost Price + Profit (SP = CP + P)
Profit on sale of 45 kg sugar = Selling Price of 5 kg sugar : 45P = 5(C + P)
⇒ 45P = 5C + 5P
⇒ 45P - 5P = 5C
⇒ 40P = 5C
⇒ P/C = (5*100)/40
⇒ P/C = 500/40
⇒ 12.5 %
So, profit margin on Cost Price is 12.5 %
Answer.
Similar questions