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A trader sells wheat at 10% profit and uses weight 10% less than the actual measure. What is his actual percentage gain?

Solution

✅ Correct Option: 3

Let the cost price of 1 kg wheat = Rs. 100


When selling at 10% profit, the selling price per kg = Rs. 110


The trader uses a weight 10% less than the actual measure.

When a customer asks for 1 kg, the trader gives only 0.9 kg but charges Rs. 110.

The actual cost for 0.9 kg:

Cost = 0.9×1000.9 \times 100

Cost = Rs. 90


Selling Price = Rs. 110

Cost Price = Rs. 90

Profit = 110−90110 - 90

Profit = Rs. 20


Profit percentage:

Profit % = ProfitCost Price×100\dfrac{\text{Profit}}{\text{Cost Price}} \times 100

Profit % = 2090×100\dfrac{20}{90} \times 100

Profit % = 200090\dfrac{2000}{90}

Profit % = 22.22%22.22\%


Using the formula:

Actual Gain % = 100+Profit %100−Weight Loss %×100−100\dfrac{100 + \text{Profit \%}}{100 - \text{Weight Loss \%}} \times 100 - 100

Actual Gain % = 11090×100−100\dfrac{110}{90} \times 100 - 100

Actual Gain % = 122.22−100122.22 - 100

Actual Gain % = 22.22%22.22\%

Therefore, the actual percentage gain is 22.22%22.22\%.

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