a trader weights 900 gram for 1 kg and earn a profit of 8% what is his real profit ?
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Answer:
20%
Step-by-step explanation:
Solution :
The trader professes to sell his goods at a profit of 8%.
Selling Price = (100 + 8)% = 108% of Cost Price
or SP = 1.08CP
But, when he uses weights that measure only 900 grams while he claims to measure 1 kg.
CP of 900 gms = 0.90CP
So, he is selling goods worth 0.90CP at 1.08CP
He makes a profit of 0.18 CP on his cost of 0.9 CP
Therefore, The profit percentage =>
(1.08 - 0.9)/0.9 * 100
=> 0.2 * 100 = 20%
#BRAINLIEST.
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