Question 125

A dishonest dealer professes to sell his goods at the cost price but uses a false weight of 850 g instead of 1 kg. His gain percent is

Solution

Let the cost price of the goods be Rs 1000/kg => Re 1/g

Selling price = Rs 1000/850 g => Rs $$\frac{20}{17}$$ /g

Profit % = $$\frac{\frac{20}{17} - 1}{1} * 100$$ %

= $$\frac{300}{17} = 17\frac{11}{17}$$%


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