A dealer professing to sell at cost price uses 950 gram weight for a kilogram. Find his gain per cent.
class 8 maths
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He sells 950 gm of goods instead of 1000 gm goods at cp.
So, he gains the cp of =(1000-950)=50 gm goods.
So, his profit % is =[(50/950)*100]%=100/19%=5.263%
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