R’s weighing machine shows 400 gm when the actual weight is 350 gm. The cost price of almonds is ₹880 per kg and packets of 200 gm are made using the faulty machine. What should be the selling price (in ₹) of each packet to get a profit of 25%?
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e. 192.50.
Given that, CP of 1 Kg = ₹ 880
For every 400 gm packet, actual weight = 350 gm
For every 200 gm packet, actual weight = = 175 gm
Now, CP of 1000 gm (1 Kg) = 880
CP of 175 gm = = 154
Also, to get a profit of 25%,
⇒
⇒
⇒ SP = 192.50
Hence the required selling price is ₹192.50.