A crooked shopkeeper sells goods at the cost price. But his 1 kg weight weighs 900 g
only. Find his gain percent.
Answers
Answered by
2
Answer:
Ma nahi janta ki answawr is correct
Sorry, the other answer is incorrect.
Percentage Gain = [(Selling Price - Cost Price) * 100] / Cost Price
Suppose the cost price of 1g is x.
Therefore,
Selling Price = 1000x (because he claims to be giving 1kg
weight)
Cost Price = 900x (because the goods he actually gives is 900g)
So,
Percentage Gain = [(1000x - 900x) * 100] / 900x
Percentage Gain = [(100x) * 100] / 900x
Percentage Gain = 10000x / 900x
Percentage Gain = 100/9 = 11.11%
Hence, his percentage gain is 11.11%
Similar questions