The spring balance of a trader shows 800 grams for 1 kg. What is the net result, a profit or loss and by what percentage?
Answer
The trader looses 200 gms on selling 1000 gms of material.
So, by selling 1000 gms he looses 200 grams
therefore by selling 100 gms he will loose = (200/1000) x 100 = 20 % loss.
Answer
The trader looses 200 gms on selling 1000 gms of material.
So, by selling 1000 gms he looses 200 grams
therefore by selling 100 gms he will loose = (200/1000) x 100 = 20 % loss.
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