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    Question

    A man buys cashew nuts at Rs.600 per kg and sells them

    at Rs.15 per 50 grams. What is his profit/loss percentage?
    A 25% loss Correct Answer Incorrect Answer
    B 20% profit Correct Answer Incorrect Answer
    C 25% profit Correct Answer Incorrect Answer
    D 50% loss Correct Answer Incorrect Answer

    Solution

    Selling price per kg = (1000 grams / 50 grams) × 15 Rs. = 20 × 15 = 300 Rs. Purchase price per kg = 600 Rs. Loss per kg = 600 Rs. - 300 Rs. = 300 Rs. Loss percentage = (300/600) × 100 = 50% Alternate – CP       SP 600      :15/50 ×1000. 600      :300 2          :1 Loss Percentage =1/2 ×100 =50%.

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