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If a shop–keeper purchases cashew nut at Rs. 250 per kg. and sells it at Rs. 10 per 50 grams, then he will have
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- 25% Loss
- 25% Profit
- 20% Profit
- 20% Loss
Correct Option: D
Given in question , C.P. of 1000 gm of cashew nut = Rs. 250
| ∴ C.P. of 50 gm of cashew nut = | × 50 = Rs. 12.5 | 1000 |
S.P. of 50 gm of cashew nut = Rs. 10
Loss = C.P. of 50 gm of cashew nut - S.P. of 50 gm of cashew nut = 12.5 - 10 = Rs. 2.5
| Loss percent = | × 100 | |
| C.P. |
| ∴ Loss percent = | × 100 = 20% | 12.5 |
