The following question has two statements. Study the question and the statements and decide which of the statement(s) is necessary to answer the question. A retailer wants to earn profit by selling sugar to his customer. He analyzed various methods as per follows. Which of the following would maximize his profit I) Sell sugar at 20% profit. II) Use faulty weight which measures 800 gm instead of 1000 gm III) Mix 10% impurities in sugar and selling it at cost price. IV) Increase the price by 20% and reduce weight by 20%?

I or III
II
II, III, IV
Profits are same in each case
IV

LohaHridoy

4 views

2025-01-04 04:42

1 Answers

AhmedNazir

Option 5 : IV

Consider CP/1000 gm = Rs. 100

Profit % in case I = 20%

Considering case II,

CP of 800 gm sugar = 800/1000 × 100 = Rs. 80

⇒ Profit % in case II = (100 - 80)/80 × 100 = 25%

Considering case III,

If he adds 10% impurities in sugar, then his CP for 1 kg sugar = 1000/1100 × 100 = Rs. 90.9

⇒ Profit % in case III = (100 - 90.9)/90.9 × 100 = 10.01%

Considering case IV,

If he reduces weight by 20% and increase price by 20%,

Cost price of 800 gm = 800/1000 × 100 = Rs. 80

Selling price = 1.2 × 100 = Rs. 120

⇒ Profit % in case IV = (120 - 80)/80 × 100 = 50%

∴ Profit is maximum in case IV

4 views Answered 2022-09-04 04:29

Related Questions

A dishonest shopkeeper defrauds his customers in two ways - by measuring weights incorrectly and by mixing impurities into his products. Although, he professes to sell his product at its cost price. As being deceitful, he uses an incorrect weight which is equal to 80% of the real weight. Further greed overtook him and he added 20% impurities to the product. Find his net profit percentage?

1 Answers 16 Views

The following questions have three statements. Study the question and the statements and decide which of the statement(s) is/are necessary to answer the question. A shopkeeper sells two articles for Rs. 1480. Find the amount of overall profit/loss. Statement I: Ratio of loss in 1st article and profit in second article is 3 : 4. Statement II: The shopkeeper sells 1st article at 15% loss and 2nd at 25% profit. Statement III: Cost price of 1st article is equal to the selling price of 2nd article.?

1 Answers 5 Views

The following question have three statements. Study the question and the statements and decide which of the statement(s) is/are necessary to answer the question. In a cinema hall, the amount collected after selling the tickets was Rs. 37500. Find the cost of a ticket if the cost of every ticket is same. Statement I: If the price of each ticket is increased by Rs. 30, the amount collected will be Rs. 4500 more. Statement II: Ratio of number of tickets and the cost of a ticket is 3 : 5. Statement III: If the number of tickets is decreased by 30 (keeping the cost per ticket constant), the amount collected will be Rs. 7500 less.?

1 Answers 5 Views

The question given below consists of a statement, followed by three arguments I, II and III. You have to decide which of the arguments is/are ‘strong’ arguments is/are ‘weak’ arguments and accordingly choose your answer from the alternatives given below each question. Statement: The government is working on a plan to set up a waterway freight corridor to connect the mainland with the northeastern states via Bangladesh at a cost of Rs 5,000 crore. The move would substantially reduce the time taken to transport goods to the eight northeastern states and costs. Which of the following support the idea that the time of transportation will be reduced between the eight northeastern states Arguments: I.The proposed 900-km waterway would be used to transport freight from the northern and eastern states to the northeast and would start near Haldia in West Bengal, go to the Sundarbans, merge into the Padma river in Bangladesh and then join up with the Brahmaputra in Assam. II. Currently, highway connectivity to the northeastern states is patchy and transportation of goods by road entails a high cost and takes time. According to the ministry’s estimate, the waterway could help reduce the cost of transportation by about 70%. III. The government is already developing a waterway along the Ganga river between Haldia and Allahabad (1,620 km) at a cost of Rs 4,500 crore. This link will also be utilised for trade between India and Bangladesh.?

1 Answers 6 Views

The following question have three statements. Study the question and the statements and decide which of the statement(s) is necessary to answer the question. A shopkeeper sells some shirts and pants which are in the ratio 7 : 5 to a customer. Find the percentage profit earned by the shopkeeper. Statement I: Ratio of cost prices of a shirt and a pant is 3 : 5. Statement II: Total amount received by the shopkeeper while selling these items is Rs. 29000 and equal amount of profit is earned in each shirt and pant. Statement III: Total cost price of a shirt and a pant is Rs. 400.?

1 Answers 6 Views

The following question have three statements. Study the question and the statements and decide which of the statement(s) is/are necessary to answer the question. Find the ratio of petrol and kerosene oil in the mixture. Statement I: The price of petrol is Rs. 70 per litre and that of kerosene oil is Rs. 50 per litre. Statement II: If mixture is sold at Rs. 80 per litre, profit of 20% is earned. Statement III: Total quantity of the mixture is 25 litres.?

1 Answers 7 Views

The following question has three statements. Study the question and the statements to decide which of the statement(s) is/are necessary to answer the question. Find the ratio of marked price and cost price. Statement I: If someone buys 6 articles at marked price, he gets 2 articles free Statement II: Profit earned by the shopkeeper is 12.5% Statement III: Discount of 25% is provided on marked price?

1 Answers 4 Views

The manager of a Kirana store suggests three schemes to the owner of the store for selling sugar. Which of the following schemes will give maximum profit to the owner Scheme I: Selling the sugar at cost price only but mixing 10% impurities in it. Scheme II: Offering 5% discount on cost price but using 15% less weight. Scheme III: Setting the price at 5% above cost price and also using 5% less weight.?

1 Answers 4 Views

The following question, there are three statements I, II and III. Read the question carefully and mark your answer according to which statements(s) is/are sufficient to the answer the question. Find the overall profit percent of the shopkeeper Statement I: The profit made while selling 1 kg of sugar was 16%. But he uses false weight. Statement II: Weight used was 31% less than the actual 1 kg weight of the sugar. Statement III: There was no discount on the price of the sugar?

1 Answers 8 Views

The following question, there are three statements I, II and III. Read the question carefully and mark your answer according to which statements(s) is/are sufficient to the answer the question. Find the discount offered by the shopkeeper on each Kurta Statement I: The sum of the marked price of 4kurtas is equal to the sum of total cost price of 8kurtas Statement II: The ratio of discount offered to the profit gained on each kurta is 1 : 2 Statement III: The sum of the selling price and the cost price of one kurta is Rs. 980.?

1 Answers 5 Views

এক্সাম দিয়ে মেধা যাচাই করুন

Job Preparation (1125)

Admission (754)

এসএসসি (10)

এইচএসসি (5)