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3 months ago
1 month, 3 weeks ago
You can assume cost price as Rs. 100 for 100g
According to question, he sells the goods at a loss price of 6.25%, meaning his selling price is Rs. 6.25 less than cost price, making it 93.75.
Moreover, he uses a 12.5% less weight, meaning for every 100g, he is actually selling 87.5g.
Using this data, assuming he sells 100g.
Actual grams sold: 87.5g
Price of 87.5g = Rs. 87.5
Selling price of 100g = Rs. 93.75
So profit percentage for him is (93.75 - 87.5) / 87.5 *100 =7.143%
1 month, 2 weeks ago
Assume price as 100, 6.25 percent loss means 1/16 in fractions so multiply 100 by 15/16 to reduce it by 1/16.
Now 12.5 percent less weight means 1/8 means he actually sells 7/8 and makes the rest as profit therefore 8/7 is the multiplier as he sells 7 and makes 1 profit so total 8 multiply these both to the hundred u get 15/14 which means 7.14 profit .hope this helps
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