A grocer claims that he is selling sugar at Rs 48/kg, which cost him Rs 50/kg, but he is giving 900 g instead of 1000 g. What will be the approximate percentage profit?
This questions was previously asked in
ssc cgl 2023 pre
Explanation:
- The grocer claims to sell sugar at Rs 48/kg.
- He actually gives only 900 g for every 1000 g.
- We need to find the effective cost per kg.
- Cost price of 1000 g (1 kg) is Rs 50.
- Selling price for 900 g is Rs 48.
- If 900 g costs Rs 48, then 1000 g costs \( \frac{48}{900} \times 1000 = 53.33 \) approximately.
- Percentage profit = \( \frac{Selling\:Price - Cost\:Price}{Cost\:Price} \times 100 \).
- The effective selling price per kg (Rs 53.33) gives us profit.
\(\textcolor{green}{\textbf{Correct Answer: 4, 6.7\%}} \)
“”
![]()
By: Parvesh Mehta