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1. A stockiest wants to make some profit by selling sugar. He contemplates about various methods. Which of the following would maximize his profit?
I. Sell sugar at 10% profit.
II. Use 900 g of weight instead of 1 kg.
III. Mix 10% impurities in sugar and selling sugar at cost price.
IV. Increase the price by 5% and reduced weights by 5%.
Then, CP of 900g sugar = = Rs. 90
Hence, profit % = = 11.11%
If he add 10% impurity then his CP for 1 kg = = Rs. 90.9
And % profit = = 10.01%
If he reduces weight by 5% Then, cost price of 950 g= = Rs 95 and SP = 105;
% profit = = 10.25%
I. Sell sugar at 10% profit.
II. Use 900 g of weight instead of 1 kg.
III. Mix 10% impurities in sugar and selling sugar at cost price.
IV. Increase the price by 5% and reduced weights by 5%.
Solution:
Let the CP of 1 kg of sugar be Rs. 100.Then, CP of 900g sugar = = Rs. 90
Hence, profit % = = 11.11%
If he add 10% impurity then his CP for 1 kg = = Rs. 90.9
And % profit = = 10.01%
If he reduces weight by 5% Then, cost price of 950 g= = Rs 95 and SP = 105;
% profit = = 10.25%