A shopkeeper sold his goods at the cost price. By using false weights, he gained \(11\frac{1}{9}\%\). What weight did he use for 1 kg?
900 gm
Let the shopkeeper use a weight of \(w\) grams in place of 1000 g while charging for 1 kg. Since the goods are sold at cost price, the entire gain comes from the false weight: \(\text{Gain \%} = \frac{1000-w}{w}\times 100\). Given the gain is \(11\frac{1}{9}\% = \frac{100}{9}\%\), so \(\frac{1000-w}{w}=\frac{1}{9}\), giving \(9000-9w=w \Rightarrow w=900\). So he used a 900 g weight for 1 kg.
A person sells article X for ₹34,500 and makes a profit of 15%. He sells article Y at a loss of 10%. He neither loses nor gains on the whole because of these two transactions. What is the selling price of article Y?
The ratio of the cost price of two articles X and Y is \(1:2\). A businessman earns a profit of \(p\%\) by selling X and a loss of \(3p\%\) by selling Y. If he loses \(20\%\) in this transaction, then what is the value of \(p\)?
Rohit buys 8 pens and 4 pencils for Rs. 2400. He sells pencils at a profit of 20 percent and pens at the loss of 10 percent. If his overall profit is Rs. 240, then what is the sum of the cost price of one pen and one pencil?
A man sells a car to his friend at the loss of 10 %; who in return sells it for Rs. 54000 making a profit of 20 %. What was the initial value of the car?
An article was sold at a loss of 24%. If it were sold for Rs. 1,596 more, then there would have been a gain of 18%, The cost price of the article is:
The cost price of an article is Rs.6,450. If it sold at a profit 16%, how much would be its selling price?
If the selling price of 7 articles is equal to the cost price of 6 articles, then what is the percentage loss?