A dishonest dealer professes to sell his goods at cost price, but uses a weight of 960 gm for a kg. find his gain percent.
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Answered by
3
Answer:
let,cp of 1000g =x
960g=x/1000×960
=24x/25
let sp of 960g=x
profit= sp-cp
=x/25
profit%=profit/cp×100
=25x/6
Answered by
1
Answer:
answer is below
Step-by-step explanation:
Answer:
hey mate your answer is 4.167%.
Step-by-step explanation:
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 = 960x (because the goods he actually gives is 960g)
So,
Percentage Gain = [(1000x - 960x) * 100] / 960x
Percentage Gain = [(40x) * 100] / 960x
Percentage Gain = 4000x / 960x
Percentage Gain = 25/6x = 4.167%
Hence, his percentage gain is 4.167%
hope it helps you
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