Question

a shopkeeper sells sugar in such a way that selling price of 950g is equal to c.p of 1kg .
find his gain %

Answer 1

Answer on Question#42945 – Math – Other

Question:

A shopkeeper sells sugar in such a way that selling price of 950g is equal to c.p of 1kg. Find his gain %

Solution.

Let 1kg of sugar costs x, than 950 g of sugar costs 0.95x. Hence his gain is $x - 0.95x = 0.05x$.

And we have $x - 100\%$ of price, we want to know how many % is 0.05x.

$$\frac{0.05x}{x} * 100\% = 5\%.$$

Answer. 5%.

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