GRE Prep Club Daily Prep
Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.
Customized
for You
Track
Your Progress
Practice
Pays
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
An intelligent shopkeeper uses a special
[#permalink]
08 Jun 2019, 05:17
08 Jun 2019, 05:17
00:00
Question Stats:
0% (00:00) correct
100% (00:58) wrong based on 2 sessions
Hide Show timer Statistics
An intelligent shopkeeper uses a special weighing balance in which one pan is heavier than the other. While purchasing the material, he places a 1 kg weight on the heavier side but while selling the same product, he places 1 kg weight on the lighter side. If he decides to sell his goods at the cost price and gets an overall gain of 50 %, then find the value by which one side of the balance is heavier than the other?
A. 100 gm
B. 150 gm
C. 200 gm
D. 250 gm
E. 300 gm
A. 100 gm
B. 150 gm
C. 200 gm
D. 250 gm
E. 300 gm
Re: An intelligent shopkeeper uses a special
[#permalink]
09 Jun 2019, 11:56
09 Jun 2019, 11:56
Expert Reply
He sells 1000-x for the price of 1000g.
So what is his cost price - 1000-x
His profit x while purchasing and x while selling, so 2x
Thus, \(\frac{2x}{1000-x}=\frac{50}{100}......4x=1000-x....5x=1000....x=200\)
So what is his cost price - 1000-x
His profit x while purchasing and x while selling, so 2x
Thus, \(\frac{2x}{1000-x}=\frac{50}{100}......4x=1000-x....5x=1000....x=200\)
gmatclubot
Re: An intelligent shopkeeper uses a special [#permalink]
09 Jun 2019, 11:56
Moderators:
