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Q: A seller uses 840 gm in place of 1 kg to sell his goods. Find his actual profit/loss % When he sells his article on 4% loss on cost price ?

  • 1
    14.28 % profit
  • 2
    24.18 % profit
  • 3
    14.28 % loss
  • 4
    24.18 % loss
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Answer : 1. "14.28 % profit"
Explanation :

Answer: A) 14.28 % profit Explanation: Let 1kg of Rs. 100 then 840gm is of Rs. 84.Now (label on can 1kg but contains 840kg ) so for customer it is of Rs. 100 and further gives 4% discount [he sells his article on 4% loss on cost price.] So now S.P = Rs. 96But actually it contains 840 gm so C.P for shopkeeper = Rs. 84S.P = Rs. 96C.P = Rs. 84Profit% = {(S.P-C.P)/C.P}x100{(96-84)/84} x 100 = 14.28571429% PROFIT.

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