Question: A dishonest shopkeeper sells sugar at Rs. 18/kg which he has bought at Rs. 15/kg and he is giving 800 gm instead of 1000 gm. Find his actual profit percentage.
Answer:
shortcut formula :
-
Extra gain per kg = Selling Price – Cost Price =
-
False weight loss =
applying the formula:
**The actual profit percentage is 50%.
Additional Method :
-
Cost Price (CP) per kg = Rs. 15
-
Selling Price (SP) per kg = Rs. 18
-
Actual weight given = 800 gm instead of 1000 gm
*Find the Cost Price of 800 gm
Since the cost price of 1 kg (1000 gm) is Rs. 15, the cost price of 800 gm is:
* Find the Profit
-
The dishonest shopkeeper sells 800 gm at Rs. 18.
-
His cost price for 800 gm is Rs. 12.
-
Profit per 800 gm = Selling Price – Cost Price = Rs. 18 - Rs. 12 = Rs. 6.
* Find the Profit Percentage
**The actual profit percentage of the shopkeeper is 50%.
You Can Translate It In Your Language: