📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!
  • google app store apple app store
    • ✖

      Question

      A man buys cashew nuts at Rs.600 per kg and sells them

      at Rs.15 per 50 grams. What is his profit/loss percentage?
      A 25% loss Correct Answer Incorrect Answer
      B 20% profit Correct Answer Incorrect Answer
      C 25% profit Correct Answer Incorrect Answer
      D 50% loss Correct Answer Incorrect Answer

      Solution

      Selling price per kg = (1000 grams / 50 grams) × 15 Rs. = 20 × 15 = 300 Rs. Purchase price per kg = 600 Rs. Loss per kg = 600 Rs. - 300 Rs. = 300 Rs. Loss percentage = (300/600) × 100 = 50% Alternate – CP       SP 600      :15/50 ×1000. 600      :300 2          :1 Loss Percentage =1/2 ×100 =50%.

      Practice Next
      More Profit and loss Questions

      Relevant for Exams:

      ask-question