Ques) A shopkeeper always weighs 20% less than the
correct weight. One day, he weighed 20% more than
the quantity usually weighed by him. If the profit on
the correct weight is 20%, what is the effective
percentage of profit in this transaction?
Answers
Answer:
your Answer is here
Step-by-step explanation:
Let Sharad weight be ×
20%of × =48
20/100×x=48
×=48÷100/20
×=48× 20/100
×=240kg.
Hope It will help you!
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Concept:
Here the concept of percentage is used here.
So, to solve the problem of percentage we just need to divide the given number by hundred i.e. x%= x/100.
Given:
We know that shopkeeper always weighs 20% less than the correct weight.
Find:
We need to find the effective percentage of profit in this transaction.
Solutions:
Let we assume that correct weight be 100 kg and the cost price (C.P) be Rs. 100.
Then profit on the correct weight is 20% , therefore selling price (S.P.) = Rs. 120
As we know that he weighs 20% less than the original weight i.e.= 100*0.8= 80 kg
Now one day he weight 20% more than 80 = 80*1.2= 96 kg
That means he sold 96 kg for Rs 120 and C.P of 96 kg is Rs 96.
Now, profit % = (120-96)/96 * 100 = 25%
Hence, the final answer is 25%.
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