A shopkeeper sells sugar in such a way that t | vedclass

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Question

(A) Let the cost price of $1 \ kg$ $(1000 \ g)$ of sugar be $₹ x$.Therefore,the cost price of $950 \ g$ of sugar $= ₹ \frac{950x}{1000} = ₹ 0.95x$.Acc

Vedclass · Accepted Answer

$5 \frac{5}{19} \%$

Vedclass · Answer

(A) Let the cost price of $1 \ kg$ $(1000 \ g)$ of sugar be $₹ x$.Therefore,the cost price of $950 \ g$ of sugar $= ₹ \frac{950x}{1000} = ₹ 0.95x$.According to the question,the selling price of $950 \ g$ of sugar $= ₹ x$.Profit $= 	ext{Selling Price} - 	ext{Cost Price} = x - 0.95x = 0.05x$.Profit $\% = \left( \frac{	ext{Profit}}{	ext{Cost Price}} ight) 	imes 100$.Profit $\% = \left( \frac{0.05x}{0.95x} ight) 	imes 100 = \frac{5}{95} 	imes 100 = \frac{1}{19} 	imes 100 = \frac{100}{19} = 5 \frac{5}{19} \%$.

$A$ shopkeeper sells sugar in such a way that the selling price of $950 \ g$ of sugar is the same as the cost price of $1 \ kg$ of sugar. What is his gain percent?

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