Practicing Success
A shopkeeper promises to sell his good at x% profit but he uses 20% less weight while selling. Total gain is 56\(\frac{1}{4}\)%. Find the value of x? |
27% 20% 22.5% 25% |
25% |
let x% profit = \(\frac{b}{a}\) C.P : S.P Profit : a : b Weight: 800 : 1000 Total Profit : 16 : 25 (+ 56\(\frac{1}{4}\)% = \(\frac{9}{16}\)) \(\frac{800a}{1000b}\) = \(\frac{16}{25}\) \(\frac{a}{b}\) = \(\frac{4}{5}\) a : b = 4 : 5 x% = \(\frac{1}{4}\) × 100% = 25% |