Question
A grocer buys 5 kg of sugar at Rs. 180 per kg. While
selling, he uses a faulty weight that shows 1150 grams instead of 1000 grams but claims to sell it at a profit of 15%. Find the total profit earned by him from selling the sugar bought by him.Solution
ATQ,
Cost price of 5 kg sugar = 180×5 =Rs.900
Quantity of sugar sold = 1.15×5= 5.75 kg
Selling price of 5 kg of sugar sold = (1.15×180) × 5.75= Rs.1187.25
Required profit = 1187.25−900 = Rs.287.25
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