A stockist wants to make some profit by selling sugar. He contemplates about various methods . Which of the following would maximise his profit?

I. Sell sugar at 10% profit.
II. Use 900 g of weight instead of 1 kg.
III. Mix 10% impurities in sugar and selling sugar at cost price.
IV. Increase the price by 5% and reduce weights by 5%.

Question

A stockist wants to make some profit by selling sugar. He contemplates about various methods . Which of the following would maximise his profit?

I. Sell sugar at 10% profit.
II. Use 900 g of weight instead of 1 kg.
III. Mix 10% impurities in sugar and selling sugar at cost price.
IV. Increase the price by 5% and reduce weights by 5%.

Accepted Answer

II — Profit percentage in each case is (i) 10% (ii) ( 100 &times; 100 ) 900 = 100 9 % (iii) 100 &times; 1 . 1 . 1 - 100 100 &times; 100 = 10 % (iv) ( 10 &times; 100 ) 95 = 200 19 %

CAT 1995 — QA Question 29

Answer & solution

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