Discussion

Q.

A dishonest dealer professes to sell his goods at cost price but uses a weight of 900 grams instead of 1 kg. Find his profit percentage.

A. 11.11 %

B. 10%

C. 20%

D. 9.09%

Correct Option is A

Explanation:

       Quantity         Price

CP    1000 g           1       900  (CP)

                                

SP       900 g          1      1000    (SP)

Profit = 1000 - 900 = 100

Profit% = 100900×100 = 11.11%

Or

Profit % = Cheating QuantitySold Quantity×100

Profit % = 100900×100 = 11.11%

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