A trader marks his goods at 20%
A trader marks his goods at 20% higher than the cost price. Further, he uses a weighing balance which shows 1200 grams for a kilogram. What is his profit percentage?
एक व्यापारी अपनी वस्तुओं पर क्रय मूल्य से 20% अधिक मूल्य अंकित करता है। इसके अलावा, वह एक ऐसे वजन करने वाले तुला का उपयोग करता है जो एक किलोग्राम के लिए 1200 ग्राम दिखता है। उसका लाभ प्रतिशत क्या है?
Detailed Solution & Logic
Correct Answer:
44%
Let Cost Price (CP) of 1 kg = ₹100
Marked Price 20% higher:
MP = 100 + 20% = ₹120
Weight trick:
Balance shows 1200 g for 1 kg,
so customer actually gets 1000 g = $ \frac{5}{6} $ kg
Cost of actual goods given:
$ CP = \frac{5}{6} \times 100 = ₹83.33 $
Selling Price:
$ SP = ₹120 $
Profit:
$ = 120 - 83.33 = ₹36.67 $
Profit %:
$ = \frac{36.67}{83.33} \times 100 = 44% $
Answer = 44%
Similar Practice Questions
Sachin sold 152 chairs and had
Sachin sold 152 chairs and had a gain equal to the selling price of 52...
What is the cost price of an article
What is the cost price of an article which is sold for ₹1,566 with 8%...
A trader buys some goods for ₹200. If the overhead expenses be 10% of the cost price, then at what price should it be sold to earn 25%?
A trader buys some goods for ₹200. If the overhead expenses be 10% of the...
Bina sells an article to Shyam at a 19% loss
Bina sells an article to Shyam at a 19% loss for ₹4,860. Shyam then sells...
A retailer buys 12 pairs of shoes for ₹22,400.
A retailer buys 12 pairs of shoes for ₹22,400. His overhead expenses are ₹1,600. If...
What should come in place of the question mark 412 420 408 424 404 428 ?
A man buys a watch for ₹1,200 and sells it at a 10% loss. What...
If the selling price of a bed is 2-times
If the selling price of a bed is 2-times of initial, then the profit is...