Question
Download Solution PDFR’s weighing machine shows 400 gm when the actual weight is 350 gm. The cost price of almonds is ₹880 per kg and packets of 200 gm are made using the faulty machine. What should be the selling price (in ₹) of each packet to get a profit of 25%?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven
CP = ₹880 per kg
R’s weighing machine shows 400 gm when the actual weight is 350 gm
Formula used
SP = CP × (1 + Profit/100)
Calculation
For every 400 gm, the actual weight is 350 gm
So for the 200 gm packet the actual weight = 200 × 350/400 = 175 gm
The CP for 1000 gm = 880
The CP of 175 gm = 880 × 175/1000 = 154
The selling price (in ₹) of each packet to get a profit of 25% = 154 × 125/100
= 154 × 5/4
= 192.50
The answer is 192.50
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