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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?
7.5%
5.5%
8.5%
6.7%
- 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 48900×1000=53.33 approximately.
- Percentage profit = SellingPrice−CostPriceCostPrice×100.
- The effective selling price per kg (Rs 53.33) gives us profit.
Correct Answer: 4, 6.7\%
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