A dishonest businessman sells his goods at a cost price and still makes a 25% profit by weighing them down. How much measurement does he use for one kg?
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Correct weight = 1kg= 1000gm
profit = 25%
he uses false weight to gain 25%
Now, use this formula-
Profit% = {false weight / (True weight - false weight)}×100
false weight = x let
now, 25 = {x / (1000- x )}×100
25/100 = x / (1000-x)
25000-25x = 100x
125x = 25000
x = 200gm
i.e he uses 200 gm less weight
so actual weight = 1000-200= 800 gm
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