Question

To clear his stock of rice, Sunil starts giving 1.2 kg

Q: Answer-To clear his stock of rice, Sunil starts giving 1.2 kg of rice to customers in place of 1 kg. Howeve...

According to the question when he is giving 1.2kg of rice at the selling price of 1 kg.Let the selling price of rice Rs 1000aAccording to the question Sunil is using 800 gm weight instead of 1 kg weight.Hence actual weight of 1.2 kg of rice 8001000 X 1200 gm 960 gmTherefore actual cost price of 1.2 kg of rice Rs 960aTherefore profit 40960 X 100 4.16

of rice to customers in place of 1 kg. However, he secretly uses an 800-gram weight instead of a 1 kg weight while measuring. What is Sunil's net profit or loss in this transaction?

A 4% gain

B 3.5% loss

C No gain no loss

D 2% loss

E 4.16% gain

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To clear his stock of rice, Sunil starts giving 1.2 kg

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