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Discussion

  1. A fruit seller declares that he sells fruits at the cost price However, He use a weight of 450 g instead of 500 g. His percentage profit is
    1. 10 %
    2. 11 1/9 %
    3. 12 %
    4. 12 2/9 %
  1. Correct Option: B

    Profit (%) = goods lefts / goods sold X 100 = ( 50 / 450 ) X 100 = 111/9 %

    Alternatively : Suppose CP of 1g is Rs.1 then he sells goods worth Rs.450 only and charges Rs.500. So the profit is Rs.50 over the sale price of Rs. 450.

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