Sudhir claimed to sell his items at only 8 above the cost of production but used a weight that had 7...........

Quantitative Aptitude (CHSL) Profit and loss

Sudhir claimed to sell his items at only 8% above the cost of production, but used a weight that had 750 grams written on it,

though it actually weighed 720 grams. What was the actual profit percentage earned by Sudhir?

This questions was previously asked in

SSC CHSL 6th June 2022 Shift-3

12.6%

12.25%

12.5%

12.75%

- Suppose the cost of production of the item is $100.

- Sudhir claims to sell the item 8% above cost price.

- Selling price according to Sudhir = $100 + 8\% \text{ of } 100 = 108$.

- However, the weight difference affects the profit calculation.

- A weight marked as 750 grams actually weighs 720 grams.

- This means Sudhir is charging for 750 grams but giving only 720 grams, leading to more profit.

- Effective selling price for actual weight $= \frac{108 \times 750}{720} = 112.5$.

- Profit percentage calculation:

- Actual profit = $112.5 - 100 = 12.5$.

- Actual profit percentage = $ \frac{12.5}{100} \times 100 = 12.5\%$.

- Correct Answer: Option: 3 - 12.5%

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