A shopkeeper advertises for selling cloth at 7% loss. However, by using a false scale of length 1 metre he actually gains 24%. What will be the actual length he uses instead of 1 metre ?
75 cm
This problem involves a shopkeeper who uses a deceptive practice to make a profit despite advertising a loss. The shopkeeper claims to sell cloth at a 7% loss on the cost price. However, they use a false scale, meaning they give the customer less cloth than what is paid for (1 metre). This discrepancy allows them to achieve an actual gain of 24%.
We need to find the actual length of cloth the shopkeeper gives when the customer believes they are receiving 1 metre.
Let's assume the cost price of 1 metre of cloth is $C$.
The formula for actual gain percentage is:
$$ \text{Actual Gain \%} = \frac{\text{Actual Selling Price} - \text{Actual Cost Price}}{\text{Actual Cost Price}} \times 100 $$
We know the actual gain is 24%, the actual selling price is $0.93C$, and the actual cost price is $CL$. Substituting these values into the formula:
$$ 24 = \frac{0.93C - CL}{CL} \times 100 $$
Let's solve for $L$:
Divide both sides by 100:
$$ 0.24 = \frac{0.93C - CL}{CL} $$
Multiply both sides by $CL$:
$$ 0.24 \times CL = 0.93C - CL $$
$$ 0.24CL = 0.93C - CL $$
Add $CL$ to both sides:
$$ 0.24CL + CL = 0.93C $$
$$ (0.24 + 1)CL = 0.93C $$
$$ 1.24CL = 0.93C $$
Since $C$ is the cost price per metre (and must be non-zero), we can divide both sides by $C$:
$$ 1.24L = 0.93 $$
Now, solve for $L$:
$$ L = \frac{0.93}{1.24} $$
To simplify the fraction, we can multiply the numerator and denominator by 100:
$$ L = \frac{93}{124} $$
This value of $L$ is in metres. We need to find the length in centimetres. Since 1 metre = 100 centimetres, we multiply $L$ by 100:
$$ \text{Actual length in cm} = \frac{93}{124} \times 100 $$
We can simplify the fraction $\frac{93}{124}$. Both 93 and 124 are divisible by 31 ($93 = 3 \times 31$ and $124 = 4 \times 31$).
$$ \text{Actual length in cm} = \frac{3 \times 31}{4 \times 31} \times 100 $$
$$ \text{Actual length in cm} = \frac{3}{4} \times 100 $$
$$ \text{Actual length in cm} = 3 \times \frac{100}{4} $$
$$ \text{Actual length in cm} = 3 \times 25 $$
$$ \text{Actual length in cm} = 75 \text{ cm} $$
Therefore, the actual length the shopkeeper uses instead of 1 metre (100 cm) is 75 cm.
Here's a breakdown of the key information and the result:
| Detail | Value |
|---|---|
| Advertised Transaction | Selling 1 metre at 7% loss |
| Actual Transaction | Selling $L$ metres for the price of 1 metre |
| Advertised Price for 1m | 0.93 × Cost Price of 1m |
| Actual Cost Price | Cost Price of $L$ metres |
| Actual Selling Price | Advertised Price of 1m |
| Actual Gain % | 24% |
| Calculated Actual Length ($L$) | 75 cm |
The shopkeeper tricks the customer by giving only 75 cm of cloth while charging for 100 cm at a price that appears to be at a loss, but results in a significant actual gain.
| Concept | Explanation | Formula Snippet |
|---|---|---|
| Advertised Gain/Loss | The percentage gain or loss the seller claims on the Cost Price. | Advertised SP = CP × (1 ± Advertised %/100) |
| False Weight/Scale | Using a weight or scale that measures less than the marked value. Seller gives less quantity but charges for more. | Quantity given < Marked Quantity |
| Actual Cost Price | The cost price of the actual quantity of goods sold. | Actual CP = (Cost per unit quantity) × (Actual quantity given) |
| Actual Selling Price | The price received from the customer for the quantity of goods sold. This is usually based on the marked/advertised quantity. | Actual SP = Advertised Selling Price for the marked quantity |
| Actual Gain % | The true gain calculated based on the Actual Selling Price and Actual Cost Price. | Actual Gain % = \(\frac{\text{Actual SP} - \text{Actual CP}}{\text{Actual CP}} \times 100\) |
Problems involving false weights or scales are common in quantitative aptitude sections of many exams. The core idea is that the seller cheats by giving less quantity than promised, thereby increasing their effective selling price relative to the actual cost of the goods given.
Understanding the difference between the advertised transaction and the actual transaction is crucial for solving these types of problems accurately.
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