Kamal has a shop of dry fruits in Khan Market. He cheats his customers by using faulty balance. While selling almonds he weighs 1 kg as 900 grams only and sells it at Rs. 750/kg. While selling cashews he uses a different machine which actually reads 100 grams less and sells it at Rs. 950/kg. The cost price of almonds and cashews is Rs. 650/kg and Rs. 900/kg respectively. What is the profit/loss percent does he incurred in his whole transaction (approx) ?

Question

Kamal has a shop of dry fruits in Khan Market. He cheats his customers by using faulty balance. While selling almonds he weighs 1 kg as 900 grams only and sells it at Rs. 750/kg. While selling cashews he uses a different machine which actually reads 100 grams less and sells it at Rs. 950/kg. The cost price of almonds and cashews is Rs. 650/kg and Rs. 900/kg respectively. What is the profit/loss percent does he incurred in his whole transaction (approx) ?

8% Loss
6% Loss
8% Profit
6% Profit

LohaHridoy

5 views

2025-01-04 04:42

1 Answers

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AhmedNazir · Accepted Answer · 2022-09-04T04:29:57+06:00

Option 3 : 8% Profit

Given:

Kamal uses 900 grams instead of 1000 grams for almonds

Kamal uses 1100 grams instead of 1000 grams for cashews

CP of almonds = Rs. 650/kg

CP of cashews = Rs. 900/kg

SP of almonds = Rs. 750/kg

SP of cashews = Rs. 950/kg

Formula Used:

Profit = SP - CP

Profit % = (Profit/CP) × 100

Calculation:

Machine weighs only 900 grams instead of 1 kg

Cost price of 900 grams almonds = Rs. (900/1000) × 650

⇒ Rs. 585

Selling price of 900 grams almonds = Rs 750

Machine 2 weighs 100 grams less

Cost price of 1100 grams of cashews = Rs. (1100/1000) × 900

⇒ Rs. 990

Selling price of 1100 grams of cashews = Rs. 950

Total cost price of almonds and cashews = Rs. (585 + 990)

⇒ Rs. 1575

Total selling price of almonds and cashews = Rs. (750 + 950)

⇒ Rs. 1700

Profit = SP - CP

⇒ Rs. (1700 - 1575)

⇒ Rs. 125

Profit % = (Profit/CP) × 100

⇒ (125/1575) × 100

⇒ 7.94% ≈ 8%

∴ In the whole transaction Kamal incurred a profit of 8%.