Question
A dishonest dealer announces selling his articles with a
25% loss but uses 40% lighter weights. What is the percentage of his profit or loss?Solution
Let the CP =100. Dealer announces 25% loss which implies- Selling Price =100× (100-25)/100 SP=75 Now – However, the dealer uses weights that are 40% lighter. This means that for every unit weight he claims to sell, he sells only 60% of that weight. Effective CP =100×60/100 E. CP=60. Profit =SP-CP P=75-60=15. Profit percentage = (P/E.CP) ×100 =15/60 ×100 =25%
Which insurance company has launched a debt fund that will enable customers to lock-in their investments at current high interest rates, build long-te...
Which Kharif crop had the lowest cost of production in 2024–25 among the listed crops?
Who among the following Ace Indian boxer win the Women's World Boxing Championships title for the second time in a row?
Actor and BJP leader Hema Malini, and ______ will be facilitated with the Indian Film Personality of the Year award at the International Film Festival ...
Which company has entered into a MoU with National Skill Development Corporation (NSDC) for "Setting up of Multi Skill Development Institutes (MSDIs) to...
What percentage of India's top 100 listed companies disclosed their Scope 3 carbon emissions in FY23?
Anne Rice passed away. Who was she?
What is the name of the ward in Kollam district of Kerala that has become the State's first fully insured ward for accidental death and disability cover...
What has become the top risk on the radar for Indian organizations, according to PwC's 2023 Global Risk Survey?
Which company has signed an MoU with NTPC Green Energy Limited (NGEL) to explore explore opportunities in the Green Hydrogen and Green Energy space & to...
