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Difficulty:
55%
(hard)
Question Stats:
50% (01:11) correct
50%
(01:24)
wrong
based on 6
sessions
History
Date
Time
Result
Not Attempted Yet
A Sugar merchant sells sugar 20% above cost price. More over he adds 20% impurities. what is his gain percentage ?
A. 40%
B. 44%
C. 50%
D. 62.5%.
Somebody please help me in getting correct answer :-
My solution is :-
Let us consider 100gm = 100$ - cost price.
So, 1gm = 1$
Now as he sells 20% above cost price.
So, Selling price 1gm = 1*(1.2)$
Eventually for 100gm = 100 * (1.2)$ = 120 $.
Now, as per question he added 20% impurity. So, let us consider he sells 100gm.
For, 100gm of 20% impurity = 20gm impurity.
Obviously he end up with 80gm + 20gm (Pure + impurity).
So for 80gm Pure sugar he pays 80$ and 20% profit of cost Price
which is equal to 80* (1.2) = 96$ .
But total selling price still he is getting is 120$ for 100gm sugar.
And actual price is 96$ for 100gm (adding 20gm impure and 80gm pure.)
So, he is making profit of (120-96)$ = 24$.
So, Profit percentage is 24%.
Which is not correct answer.
A. 40%
B. 44%
C. 50%
D. 62.5%.
Somebody please help me in getting correct answer :-
My solution is :-
Let us consider 100gm = 100$ - cost price.
So, 1gm = 1$
Now as he sells 20% above cost price.
So, Selling price 1gm = 1*(1.2)$
Eventually for 100gm = 100 * (1.2)$ = 120 $.
Now, as per question he added 20% impurity. So, let us consider he sells 100gm.
For, 100gm of 20% impurity = 20gm impurity.
Obviously he end up with 80gm + 20gm (Pure + impurity).
So for 80gm Pure sugar he pays 80$ and 20% profit of cost Price
which is equal to 80* (1.2) = 96$ .
But total selling price still he is getting is 120$ for 100gm sugar.
And actual price is 96$ for 100gm (adding 20gm impure and 80gm pure.)
So, he is making profit of (120-96)$ = 24$.
So, Profit percentage is 24%.
Which is not correct answer.
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