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Vijay while purchasing purchased 1300gm instead of 1000gm by fooling the shopkeeper and while selling he sells 800gm instead of 1000gm by using false weight. Find the percentage profit if he sells the product at cost price.
  • a)
    55.25%
  • b)
    62.5%
  • c)
    48.75%
  • d)
    52.5%
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Vijay while purchasing purchased1300gminstead of1000gmby fooling the s...
Given:
Vijay while purchasing purchased 1300gm instead of 1000gm
While selling he sells 800gm instead of 1000gm
Formula used:
Gain % = ( Gain/C.P) ×100
Let cost price of 1000gm =  Rs. 1000
But, Vijay purchased 1300gm instead of 1000gm
So, cost price of 1300gm = Rs. 1000
Now, while selling he is giving 800gm instead of 1000gm
And, he is selling product at cost price
So, S.P of 800gm = Rs. 1000
Then, S.P of 1300gm = Rs. (1000/800)×1300
⇒ S.P of 1300gm = Rs. 1625
Now, gain = Rs. 1625− Rs. 1000
⇒ Gain = Rs. 625
Gain % = (Gain/C.P.)×100
⇒ Gain % = (625/1000)×100
⇒ 62.5%
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Vijay while purchasing purchased1300gminstead of1000gmby fooling the shopkeeper and while selling he sells800gminstead of1000gmby using false weight. Find the percentage profit if he sells the product at cost price.a)55.25%b)62.5%c)48.75%d)52.5%Correct answer is option 'B'. Can you explain this answer?
Question Description
Vijay while purchasing purchased1300gminstead of1000gmby fooling the shopkeeper and while selling he sells800gminstead of1000gmby using false weight. Find the percentage profit if he sells the product at cost price.a)55.25%b)62.5%c)48.75%d)52.5%Correct answer is option 'B'. Can you explain this answer? for RRB NTPC/ASM/CA/TA 2024 is part of RRB NTPC/ASM/CA/TA preparation. The Question and answers have been prepared according to the RRB NTPC/ASM/CA/TA exam syllabus. Information about Vijay while purchasing purchased1300gminstead of1000gmby fooling the shopkeeper and while selling he sells800gminstead of1000gmby using false weight. Find the percentage profit if he sells the product at cost price.a)55.25%b)62.5%c)48.75%d)52.5%Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for RRB NTPC/ASM/CA/TA 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Vijay while purchasing purchased1300gminstead of1000gmby fooling the shopkeeper and while selling he sells800gminstead of1000gmby using false weight. Find the percentage profit if he sells the product at cost price.a)55.25%b)62.5%c)48.75%d)52.5%Correct answer is option 'B'. Can you explain this answer?.
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