Question 12

Rahul professes to lose 16% on selling sugar and uses a weight of 680 gm instead of 1 kg. What is the total profit percentage?

Solution

Let cost price of 1 kg sugar = Rs. 1000 (1 gm sugar cost Re. 1)

=> Cost price of 1 kg sugar (680 gm in reality) = Rs. 680

Selling price after 16% loss of 1 kg sugar = $$1000-(\frac{16}{100}\times1000)=Rs.$$ $$840$$

$$\therefore$$ Profit % = $$\frac{(840-680)}{680}\times100$$

= $$\frac{400}{17}=23.529\equiv23.53\%$$

=> Ans - (A)

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