Kabi buys wheat at Rs. 15/kg and puts a price tag on it so as to earn a profit of 10%. However, his faulty balance shows 1000 gm when it is actually 900 gm. What is his actual gain percentage?

1 Answer

Answer :

CP of 1000gm = Rs. 15

 SP of 900gm = Rs. 16.5

 SP of 1000gm =16.5x1000/900 = Rs. 18

 Now take 1000gm as reference to calculate profit.

Profit=SP-CP=18-15=Rs. 3

Profit % = 3x100/15 = 20%


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