Discussion

Q.

A dishonest dealer professes to sell his goods at cost price but uses a weight of 800 grams instead of 1 kg. Find his profit percentage.

A. 11.11 %

B. 25%

C. 20%

D. 9.09%

Correct Option is B

Explanation:

Quantity         Price

CP    1000 g           1       800  (CP)

                                

SP       800 g          1      1000    (SP)

Profit = 1000 - 800 = 200

Profit% = 200800×100=25%

Or

Profit % = Cheating QuantitySold Quantity×100

Profit % = 200800×100=25%

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