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Question 66
A dealer claims to sell his goods at cost price but uses a weight of 80 gm for 100 gm. What is the profit percentage for the dealer?
Solution
Let cost price of goods = Rs. 1/gm => Rs. 100/ 100gm
=> Selling price = Rs. 100/ 80gm => Rs. 1.25/gm
$$\therefore$$ Profit % = $$\frac{(1.25-1)}{1}\times100$$
= $$0.25\times100=25\%$$
=> Ans - (D)
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