a dishonest shopkeeper sells his grocery using weights 10% less than true weight and makes a profit of 30% . find his total gain percent
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Let the cost of 1- Kg of a goods be = Rs 100. If he earns a profit of 30%, he should sell the goods weighing 1- Kg (1000- g) for Rs 130.
Since he is a dishonest shopkeeper, he sells 900- g (0.9- Kg) of his goods as 1- kg for Rs 130.
So the actual profit percentage is
= (130–90)/90 x 100
= 40/90 x 100
= 44.44%
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