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A shopkeeper, sold pistachios at the rate Rs 1140 a kg and bears a loss of 5%. Now if he decides to sell it at Rs 1260 per kg, what will be the result?
- A10 percent gain
- B5 percent gain
- C5 percent loss
- D10 percent loss
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0
CCommunity
it from previous year ssc papers, 5 percent gain is the right answer
0
CCommunity
Selling at 1140 means 5% loss
Hence => $CP \times \frac{95}{100} = 1140$
CP = $\frac{1140 \times 100}{95} $
CP = 1200
Now sold at 1260
Hence Profit is 1260 - 1200 = 60
Profit % = $\frac{60}{1200} \times 100 = 5%$
Hence Option (2) 5 percent gain is correct.
Hence => $CP \times \frac{95}{100} = 1140$
CP = $\frac{1140 \times 100}{95} $
CP = 1200
Now sold at 1260
Hence Profit is 1260 - 1200 = 60
Profit % = $\frac{60}{1200} \times 100 = 5%$
Hence Option (2) 5 percent gain is correct.