A dishonest dealer professes to sell his goods at the cost price but uses a false weight of 750 g instead of 1 kg. Evaluate gain percent?
Answers
Answered by
1
Answer:
33.33
let the CP be 100 for 1 kg which will give us the new CP as 75 for 750g but he sells it at 100 for 750g
so, P = 100-75 = 25
and P%=33.33
Answered by
0
The percentage gain is 33.3%
Given:
Actual Weight = 1 Kg
False Weight = 750g
To Find:
The gain per cent
Solution:
Let the cost price of 1g be = x
Therefore,
Selling Price = 1000x ( As the claim is to give 1kg weight )
Cost Price = 750x ( The goods actually given are of 750 g)
Using the formula of percentage gain -
Percentage Gain = SP - CP × 100/ CP
Substituting the value -
Percentage Gain = ( 1000x - 750x) × 100/750x
= ( 250x) × 100/750x
= 25000x/750x
= 2500/75
= 500/15
= 100/3
= 33.3
Answer: The percentage gain is 33.3%
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