SOLUTION: A fruit-seller sells grapes at a loss of 23% and uses false weight which is 30%
less than the original weight. What is his gain or loss percentage?
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-> SOLUTION: A fruit-seller sells grapes at a loss of 23% and uses false weight which is 30%
less than the original weight. What is his gain or loss percentage?
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Question 1143344: A fruit-seller sells grapes at a loss of 23% and uses false weight which is 30%
less than the original weight. What is his gain or loss percentage? Answer by greenestamps(13200) (Show Source):
The wording of the problem allows at least two different interpretations.
The simple interpretation is that his loss percentage is 23% -- it is given in the statement of the problem.
However, it is not likely that that is the intended meaning of the problem....
So let's look at the other interpretation.
A 23% loss means he is selling the grapes for 77% (0.77) of their actual value.
But since the false weight is 30% less than the actual weight, the actual weight is 70% of the false weight. That means the amount of grapes he has is 10/7 of what the false weight says.
