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If Malay buys guavas at ₹300 per kg and sells them at ₹25 per 100 gm., then he will have (rounded off to 2 decimal places):
Question

If Malay buys guavas at ₹300 per kg and sells them at ₹25 per 100 gm., then he will have (rounded off to 2 decimal places):

A.

a loss of 16.67%

B.

a profit of 25.25%

C.

a loss of 25.25%

D.

a profit of 16.67%

Correct option is A

Given:

Cost Price of guavas =₹300 per kg

Selling Price of guavas = ₹25 per 100gm

Formula Used:

Loss = Cost Price - Selling Price

Loss Percentage =LossCost Price×100 \frac{Loss}{Cost \ Price} \times 100​​

Solution:

Cost Price = ₹300 per kg

Selling Price = ₹25 per 100gm

Sellling Price per kg = (25100gm)×1010=2501000gm\left(\frac{25}{100gm}\right) \times \frac{10}{10} = \frac{250}{1000gm}​​

= ₹250 per kg

Loss = 300 - 250 = ₹50

Loss Percentage = 50300×100=16.67%\frac{50}{300} \times 100 = 16.67\%

So Malay will have a loss of 16.67%

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