In a village which has a barter system, 1 kg of rice is equivalent to 1 dozen bananas. Anil gives 1.5 kg rice to Binod using a false weight of 800 gm as 1 kg and takes 15 bananas. Who is in profit and what is the percentage profit?

Anil, 4.17%

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Binod, 4.17%

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Anil, 8.34%

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Binod, 8.34%

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None of these

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Solution

The correct option is A Anil, 4.17%
Soln:

800 gm ==1 kg ,1.5 kg == 1.2 kg

Anil actually sold 1.2 kg rice and so he should get $1.2 \times 12 = 14.4$ bananas but he got 15 bananas. So, Anil is making a profit of 0.6 on 14.4 which is $4.17 % .$

Hence option (a).

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In a village which has a barter system, 1 kg of rice is equivalent to 1 dozen bananas. Anil gives 1.5 kg rice to Binod using a false weight of 800 gm as 1 kg and takes 15 bananas. Who is in profit and what is the percentage profit?

The correct option is A Anil, 4.17%Soln: 800 gm ==1 kg ,1.5 kg == 1.2 kg Anil actually sold 1.2 kg rice and so he should get 1.2×12=14.4 bananas but he got 15 bananas. So, Anil is making a profit of 0.6 on 14.4 which is 4.17%. Hence option (a).

The correct option is A Anil, 4.17%
Soln:

800 gm ==1 kg ,1.5 kg == 1.2 kg

Anil actually sold 1.2 kg rice and so he should get $1.2 \times 12 = 14.4$ bananas but he got 15 bananas. So, Anil is making a profit of 0.6 on 14.4 which is $4.17 % .$

Hence option (a).