Question

What is the ratio of 5 kg and 1250 grams

Answer 1

Answer:

For every 1250 grams, the trader gives actual quantity of 1000 grams. Hence, the trader gives 250/1250 *100 i.e. 20% less.

Hence while selling 1 kg, the trader will actually give only 800 grams, cost of which will be 0.8 X.

Assuming trader marks up on cost of 1 kilogram while giving out only 800 grams, the actual cost will be 0.8 X and the selling price be 1.3 X (30% mark-up). Thus, the profit will be 0.5 X over cost of 0.8 X, making the profit margin 0.5 X/ 0.8 X *100 i.e. 62.5%. Thanks.