If a shop keeper buys almonds at Rs. 250 per kg
and sells them at Rs. 10 per 50 kg then he
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Answer:
20%
Step-by-step explanation:
Given that, shopkeeper buys almonds at 250Rs per kg
then Cost Price of 1 kg almonds = 250
=> C.P. of 1000 gm almonds = 250
=> C.P. of 1 gm almonds = 25/100Rs. = 1/4Rs.
and given that he sells them at 10Rs per 50gm
then S.P. if 50gm almonds = 10Rs.
=> S.P. of 1 gm almonds = 10/50Rs. = 1/5Rs.
Then, he got loss because c.p. is more than s.p.
and Loss = C.P. - S.P.
=> Loss = 1/4–1/5
=> Loss = (5–4)/20 = 1/20Rs.
Now, Loss% = (loss/C.P.)×100
=> Loss% = (1/20/1/4)×100
=> Loss% = (4/20)×100 = 20%
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